In the mixed economy________________?

A. economics problems are solved by the government and market
B. economic decisions are made by the private sector and free market
C. economic allocation is achieved by the invisible hand
D. economics s is solved by government departments

Related Mcqs:

A mixed economy ?
A. Has supply but not demand B. Has demand but not supply C. Has supply and demand D. Has market forces and government intervention...
Most mixed or capitalist developing countries are limited to an indicative plan, which indicates expectations, aspirations, and intentions ?
A. but falls short of authorization B. with immediate implementation C. of the central bank D. of implementation through foreign aid...
The free market involves ?
A. The free provision of products B. The Subsidizing of products by the government C. Market forces of supply and demand D. All trade via barter...
A recession is ?
A. a period of declining prices. B. a period of declining unemployment C. a period during which aggregate output declines. D. a period of very rapidly declining prices....
The Phillips curve shows that ?
A. the business cycle has been eliminated B. an increase in inflation temporarily increases unemployment. C. inflation and unemployment are unrelated in the short run. D. a decrease in inflation temporarily increases unemployment. E. none of these...
Data are important in economics because _________ and ____________?
A. they suggest relationships for explanation, allow testing of hypotheses B. they can be used for tables, they can be graphed C. they can be used in computers governments use them D. they provide interesting information can be summarized...
A demand curve can shift because changing ?
A. incomes B. prices of related goods C. tastes D. all of the above...
The economics the central problem is ?
A. Scarcity B. Money C. Consumption D. Allocation...
-7-+47-+45-+-+Since people respond to incentives, we would expect that if the average salary of accountants increases by 50% while the average salary of teachers increase by 20% then ?
A. Fewer students will take degree courses in education and more will take accounting courses. B. fewer students will take degree courses in education and more will take accounting courses C. fewer students will attend university D. None of these...
Economics is the study of ?
A. Production technology B. Consumption decisions C. how society decides what how and for whom to produce D. the best way to run society...