Which of the following economies is an example of a mixed system?
a. The United States. b. The United Kingdom.
c. Sweden. d. All of these.
d
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A slope is measured as the
A) value of the variable measured on the y-axis divided by the value of the variable measured on the x-axis. B) value of the variable measured on the x-axis divided by the value of the variable measured on the y-axis. C) change in the value of variable on the y-axis divided by the change in the value of the variable on the x-axis. D) value of the variable measured on the y-axis minus the value of the variable measured on the x-axis. E) value of the variable measured on the x-axis minus the value of the variable measured on the y-axis.
For a previously-illegal good, decriminalization will cause
A. supply to become less elastic. B. demand to increase. C. demand to become less elastic. D. price to rise, unambiguously.