A society's organized way of providing for its people's needs and wants
a. command economy
b. inflation
c. capitalism
d. economic system
Ans: d. economic system
Economics
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Why is it difficult to implement fiscal policies?
What will be an ideal response?
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What does the phrase "wages are sticky" mean?
A. Wages stick to unemployment rates. B. Wages are always changing. C. Wages never change. D. It is difficult to change wages in the short term.
Economics