The individual who brings together economic resources and assumes the risk in a capitalist economy is called the:
A. stockbroker.
B. banker.
C. manager.
D. entrepreneur.
Answer: D
Economics
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If other factors are held constant, an increase in the price level
A) causes desired net export spending to rise. B) causes the real value of the money to increase. C) causes desired net export spending to fall. D) induces people to spend their money faster.
Economics
The effects on the economy of a prolonged decrease in investment are ________ if ________ occurs
A) more pronounced; consumers adjust permanent income downwards B) less pronounced; consumers do not adjust permanent income upwards C) more pronounced; consumers adjust permanent income upwards D) less pronounced; consumers adjust permanent income downwards
Economics