A market in which products households sell and firms buy resources or the services of resources is__________________?

Related Mcqs:

The households and the business firms of the economy are called__________________?

A. Public sector B. Ptivate sector C. Govt sector D. None...

A particular set of institutional arrangement and a coordinating mechanism is___________________?

A. Economic system B. Fascism C. Mixed system D. None...

A rise in the general level of prices in an economy___________________?

A. Inflation B. Dearnen C. Both D. None...

The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?

A. Partial substitution B. Currency substitution C. Currency devaluation D. None...

A tax which is a constant amount at all levels of GDP is termwd as ?

A. Fixed tax B. Surcharge C. Lump sum tax D. None...