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Essentials of Investments9th EditionAlan J. Marcus, Alex Kane, Zvi Bodie 689 solutions Principles of Economics7th EditionN. Gregory Mankiw 1,394 solutions Which of the following is the reason why every society needs to develop an economic system?Every society faces theeconomizing problem. Which of the following is determined by an economic system?What goods are produced Which of the following describe the concept of laissez-faire? Get answer to your question and much more A(n) ______ system is a particular set of institutional arrangements and a coordinating mechanism that responds to Get answer to your question and much more Which are major decisions that must be addressed by an economic system? Get answer to your question and much more What does the central planning board appointed by a command system government do? Get answer to your question and much more Which of the following roles does the government play in the type of capitalism practiced in the United States? Get answer to your question and much more Private individuals and businesses are able to utilize property as they wish as a result of: Get answer to your question and much more Mutually agreeable economic transactions take place as a result of:property rights Economic growth, investment, innovation, exchange, and maintenance of property are all possible because of ______. Get answer to your question and much more Which of the following describe the role of government in the United States' form of capitalism? Get answer to your question and much more Why advanced technology and capital goods are important?Why are technology and capital goods important? Advanced technology and capital goods are important because the most direct methods of production are often less efficient. The only way to avoid that inefficiency is to rely on capital goods.
What are the three main virtues of the market system?Notable benefits of a market economy are increased efficiency, production, and innovation.
Which of the following roles does the government play in the type of capitalism practiced in the United States quizlet?Which of the following roles does the government play in the type of capitalism practiced in the United States? The government promotes economic stability and growth.
Which of the following ensures that entrepreneurs and private businesses are free to obtain and use economic resources to produce their choice of goods and services?A market economy has freedom of choice and free enterprise. Private entrepreneurs are free to get and use resources and use them to produce goods and services. They are free to sell these goods and services in markets of their choice.
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Which of the following correctly states why advanced technology and capital goods are important
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