In a mixed economy
a. all economies choose the same mix of private and public involvement in the economy.
b. the government is more important than the private sector in generating output.
c. there is some government influence over the workings of the free market.
d. all of the above.
c
Economics
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If a company raises prices on a product with elastic demand, total revenues will probably decrease.
a. true b. false
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Economic magnitudes measured at the prices actually paid are referred to as ________ magnitudes
A) "real" B) "actual" C) "nominal" D) "unadjusted" E) "gross"
Economics