A command system uses a group of planners or central authority to make basic economic decisions
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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If the number of employed workers in an economy is 8 million, the number of potential workers in the economy is 12 million, and the number of adults not in the labor force is 1 million, the number of unemployed people in the economy will equal:
A) 3 million. B) 5 million. C) 1 million. D) 7 million.
Economics
An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600. What is the industry's C4?
A. 0.74 B. 0.58 C. 0.62 D. 0.77
Economics