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Which of the following might be a positive aspect of centrally planned economies?
the available alternatives can be divided into increments.
buying or not buying products
The central government makes all economic decisions.
low unemployment due to guaranteed jobs
to promote the general welfare
highway system
high employment, growth, and stability
any two categories of goods.
Why does the U.S. government intervene in the economy?
the available alternatives can be divided into increments.
buying or not buying products
The central government makes all economic decisions.
low unemployment due to guaranteed jobs
to promote the general welfare
highway system
high employment, growth, and stability
any two categories of goods.
Which of the following is the best example of a public good?
the available alternatives can be divided into increments.
buying or not buying products
The central government makes all economic decisions.
low unemployment due to guaranteed jobs
to promote the general welfare
highway system
high employment, growth, and stability
any two categories of goods.
In a free enterprise system, how do consumers most often express their desires to businesses?
the available alternatives can be divided into increments.
buying or not buying products
The central government makes all economic decisions.
low unemployment due to guaranteed jobs
to promote the general welfare
highway system
high employment, growth, and stability
any two categories of goods.
What are the government’s three goals as it tries to promote economic strength?
the available alternatives can be divided into increments.
buying or not buying products
The central government makes all economic decisions.
low unemployment due to guaranteed jobs
to promote the general welfare
highway system
high employment, growth, and stability
any two categories of goods.
A production possibilities curve shows the relationship between the production of
the available alternatives can be divided into increments.
buying or not buying products
The central government makes all economic decisions.
low unemployment due to guaranteed jobs
to promote the general welfare
highway system
high employment, growth, and stability
any two categories of goods.
Which of the following describes a centrally planned economy?
the available alternatives can be divided into increments.
buying or not buying products
The central government makes all economic decisions.
low unemployment due to guaranteed jobs
to promote the general welfare
highway system
high employment, growth, and stability
any two categories of goods.
Making a decision at the margin is possible only in situations where
the available alternatives can be divided into increments.
buying or not buying products
The central government makes all economic decisions.
low unemployment due to guaranteed jobs
to promote the general welfare
highway system
high employment, growth, and stability
any two categories of goods.
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