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Which of the following is handled by individuals instead of government in a free market economy?
high employment, growth, and stability
any two categories of goods.
the available alternatives can be divided into increments.
highway system
investment options
low unemployment due to guaranteed jobs
to promote the general welfare
The central government makes all economic decisions.
Which of the following describes a centrally planned economy?
high employment, growth, and stability
any two categories of goods.
the available alternatives can be divided into increments.
highway system
investment options
low unemployment due to guaranteed jobs
to promote the general welfare
The central government makes all economic decisions.
A production possibilities curve shows the relationship between the production of
high employment, growth, and stability
any two categories of goods.
the available alternatives can be divided into increments.
highway system
investment options
low unemployment due to guaranteed jobs
to promote the general welfare
The central government makes all economic decisions.
Why does the U.S. government intervene in the economy?
high employment, growth, and stability
any two categories of goods.
the available alternatives can be divided into increments.
highway system
investment options
low unemployment due to guaranteed jobs
to promote the general welfare
The central government makes all economic decisions.
What are the government’s three goals as it tries to promote economic strength?
high employment, growth, and stability
any two categories of goods.
the available alternatives can be divided into increments.
highway system
investment options
low unemployment due to guaranteed jobs
to promote the general welfare
The central government makes all economic decisions.
Which of the following is the best example of a public good?
high employment, growth, and stability
any two categories of goods.
the available alternatives can be divided into increments.
highway system
investment options
low unemployment due to guaranteed jobs
to promote the general welfare
The central government makes all economic decisions.
Making a decision at the margin is possible only in situations where
high employment, growth, and stability
any two categories of goods.
the available alternatives can be divided into increments.
highway system
investment options
low unemployment due to guaranteed jobs
to promote the general welfare
The central government makes all economic decisions.
Which of the following might be a positive aspect of centrally planned economies?
high employment, growth, and stability
any two categories of goods.
the available alternatives can be divided into increments.
highway system
investment options
low unemployment due to guaranteed jobs
to promote the general welfare
The central government makes all economic decisions.
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