An entrepreneur

a. is an employee working in a factory
b. manages a factory
c. conceives of and starts a business
d. contracts to work for a specific price
e. estimates the risks and uncertainties of business

C

Economics

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Discuss private-sector risks and the role government intervention has in improving economic efficiency

Please provide the best answer for the statement.

Economics

Cost-push inflation is characterized by a(n):

A. Increase in aggregate supply and a decrease in aggregate demand B. Increase in aggregate demand and no change in aggregate supply C. Decrease in aggregate supply and no change in aggregate demand D. Decrease in both aggregate supply and aggregate demand

Economics