In a pure capitalist economy, "what to produce" is determined by

A. a central planning board.
B. the price mechanism.
C. the issuing of government coupons used along with money to purchase goods.
D. None of these choices are true.

B. the price mechanism.

Economics

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In the above table, the efficient level of output can be achieved through a per unit

A) subsidy of $20. B) tax of $20. C) subsidy of $60. D) tax of $60.

Economics

Explain the difficulties in regulating international banking

What will be an ideal response?

Economics