Which of the following is one common criticism of capitalism?
a. Poor product quality and little product diversity.
b. Inefficiency of nationalized industries.
c. Inability to adjust quickly to changing economic conditions.
d. Inadequate environmental protection.
d
Economics
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If revenue in the short run is sufficient to offset variable costs but not all fixed costs, what should the firm do?
What will be an ideal response?
Economics
In the United States, the long-run inflation target is ________
A) undisclosed B) currently set at 7% C) currently set at 2% D) currently set at minus 1%
Economics