--%>
Assignment Help - homework help

Decisions and owns resources

The Economic systems are categorized mainly according to: (1) Who makes decisions and who owns the resources. (2) Which political parties are in the power. (3) The extent of economic growth. (4) How efficiently resources are employed.

Choose the right answer from the above options.

   Related Questions in Public Economics

  • Q : Opportunity or alternative costs when

    Can two ever live as inexpensively as one? What is the opportunity or alternative costs when marrying someone you love?

    		•
  • Q : Define an example of a free good of

    The closest of the given to being a free good would be from below: (i) affection and support by your parents. (ii) a $100 bill you determined after a stiff breeze blew this onto your porch. (iii) health insurance given by a firm to all its workers. (iv) the second bag

    		•
  • Q : Define subjective opportunity cost for

    Can someone explain me with excellent solution about problem of economic concept of Opportunity Cost... If you exchange your Audi for a race horse you hate, and exchange the race horse for 100 shares of gold-mine stock you believe

    		•
  • Q : Explain about the payments to

    The payments to entrepreneurs are the: (i) interest earned by saving money and managing main corporations. (ii) rental payments by extensive land holdings. (iii) profits occurrence from bearing uncertainty and risk, innovating new goods and technologi

    		•
  • Q : Standard step to make a new economic

    A standard step while making a new economic theory is to: (w) properly blend normative and positive perspectives. (x) physically test this in an economics laboratory. (y) see when this predicts behavior in a consistent way. (z) make sure that this con

    		•
  • Q : Better off and worse off condition in

    When an economic change creates one person better off and a thousand persons worse off, this is: (w) good for society. (x) bad for society. (y) neither good nor bad for society. (z) not possible to assess without a value judgment.

    		•
  • Q : Market adjustments change equilibrium

    A movement along the demand curve for a good would be caused through changes within: (1) preferences and tastes. (2) costs for productive resources. (3) supply which change the equilibrium price of the good. (4) expectations regarding future prices.

    		•
  • Q : Payments to entrepreneurs in

    The payments to entrepreneurs are called as: (i) Profits increasing from bearing risk and uncertainty, innovating new products and organizing production as well as processes. (ii) Rental payments by extensive land holdings. (iii) Interest through loaning money. (iv) I

    		•
  • Q : Define illustration of a positive

    An illustration of a positive scientific statement would be: (w) vegetarians are healthier than people who gorge on candy and fried chicken. (x) people shouldn't be greedy. (y) justice needs ratification of an Equal Rights Amendment. (z) men mustn't b

    		•
  • Q : Moral dimensions of social decisions in

    Positive economics is LEAST related with the: (w) allocation of economic resources. (x) conflict of obtainable resources and societal needs. (y) mechanisms by that resources are used to satisfy societal requirements. (z) moral dimensions of social dec

    		•