In Marx's ideal communist society, the state:

a. actively promotes income incentives. b. follows the doctrine of laissez faire.
c. owns resources and conducts planning. d. does not exist.

d

Economics

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Suppose that over the next few years the demand for dancing to country and western music decreases. Hence, at country and western dance clubs the equilibrium price of admission ________ and the equilibrium quantity of dancing ________

A) rises; increases B) rises; decreases C) falls; increases D) falls; decreases E) does not change; decreases

Economics

Open market purchases ________ reserves and the monetary base thereby ________ the money supply

A) raise; lowering B) raise; raising C) lower; lowering D) lower; raising

Economics