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7 What challenges and opportunities does a market economy create for people with different incomes and different needs?
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What might be a hardship for citizens of a centrally planned economy making a trasition to a free market economy?
Workers would lose job security and guaranteed incomes.
In a market economy the money incomes of individuals depend primarily upon?
In a market economy, the money incomes of individuals depend primarily upon
What is slave economy?
An economy that is based on the incomes derived from slave labor.
Are wages decided by the government in a command economy?
com·mand e·con·o·mynounan economy in which production, investment, prices, and incomes are determined centrally by a government.
Which of the followign reflects a boom phase in a capitalist economy?
Emplotment, profits, and incomes are high.
What might be a hardship for citizens of a centrally planned economy making a trasition to a free market economy?
Workers would lose job security and guaranteed incomes.
In a market economy the money incomes of individuals depend primarily upon?
In a market economy, the money incomes of individuals depend primarily upon
What is slave economy?
An economy that is based on the incomes derived from slave labor.
What a boom phase in a capitalist economy?
Employment, profits, and incomes are high.Employment, profits, and incomes are low
What reflects a boom phase in capitalist economy?
Employment, profits, and incomes are high.Employment, profits, and incomes are low
Are wages decided by the government in a command economy?
com·mand e·con·o·mynounan economy in which production, investment, prices, and incomes are determined centrally by a government.
Which of the followign reflects a boom phase in a capitalist economy?
Emplotment, profits, and incomes are high.
When the economy is in a downward swing what might be done to taxes to help individuals have more incomes?
lowered
What are a few types of investment income?
There are several different types of investment incomes. There are Predictable Investment Incomes, Variable Investment Incomes, and Guaranteed Investment Incomes.
What might be a hardship for citizens of a centrally planned economy making a transition to a marketability?
Workers would lose job security and guaranteed incomes.
What is the typical income of a gay person?
average incomes aren't different for gay people.
What reason best explains why economists use consumer confidence to evaluate the economy?
Consumer confidence is closely related to joblessness, inflation, and real incomes.
