In a market economy, what specifies the terms of exchange, facilitating exchange between strangers?
A) contracts B) insurance C) patents D) accounting rules
A
Economics
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The government tries to protect the competitive economic system by passing and enforcing
A) price controls. B) tariff legislation. C) antitrust laws. D) building codes and zoning laws.
Economics
Between 1990 and 2000 . expenditures by the federal government on defense as a proportion of total federal spending increased
a. True b. False Indicate whether the statement is true or false
Economics