Some of the advantages of a market economy include ?

Related Mcqs:

When internal economies of scale occur ?

A. Total costs fall B. Marginal costs increase C. Average costs fall D. Revenue falls...

Economic growth can be shown by ?

A. An inward shift of the production possibility frontier B. A movement along the production possibility frontier C. An outward shift of the production possibility frontier D. A decision by the government to produce inside the production possibility frontier...

To reduce the supply of money the government could ?

A. Reduce interest rates B. Buy back government bonds C. Sell government bonds D. Encourage banks to lend...

Industrial Revolution__________________?

A. eliminated social classes B. made all social classes equal C. created a class of industrial workers D. none of the above...

When does a society need laws ?

A. when people commit too many sins B. when the court system declares that they are needed C. when the folkways and mores are not sufficient to control behavior D. when it is necessary to create folkways and mores...