An economy that contains a mixture of perfect and imperfect competition and of regulated and unregulated industries is a
a. command economy.
b. mixed economy.
c. traditional economy.
d. laissez-faire economy.
b. mixed economy.
Economics
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A technological advance ________ potential GDP, ________ aggregate supply, and shifts the aggregate supply curve ________
A) decreases; increases; rightward B) decreases; decreases; leftward C) increases; decreases; leftward D) increases; increases; rightward E) increases; increases; leftward
Economics
The exchange rate
A) is the price of one country's money in terms of another country's money. B) is largely determined by Treasury budget policy. C) is not a market-determined price. D) has little impact on the balance sheet and income statements of businesses with foreign holdings.
Economics