--%>
Assignment Help - homework help

Problem on Converging Systems

I have a problem in economics on Converging Systems. Please help me in the following question. The United States free market system: (1) Is a purely laissez-faire system. (2) Consists of complete and well stated property rights. (3) Has been largely un-modified for the last 100 years. (d) Comprises elements of free market and also government control of a few markets and socialistic welfare.
Choose the right option.

   Related Questions in Econometrics

  • Q : Opportunity costs in producing units I

    I have a problem in economics on Opportunity costs in producing units. Please help me in the following question. Since output is raised in a fully employed economy, the opportunity costs incurred to generate additional units of a good tend to: (i) Dro

    		•
  • Q : Confronting the problem of US scarcity

    The main mechanism employed in United States to confront the problem of scarcity is: (1) The market system, that relies on prices to the direct production. (2) The mixture of brute force and tradition. (3) Arbitrary selection, however queuing as well

    		•
  • Q : Substantial unemployed capacity Lyndon

    Lyndon Johnson's assurances in the year 1964 that the U.S. could fight the Vietnam War devoid of decreasing civilian living standards or government social programs would be valid merely when our economy began from the position: (1) Of complete employment. (2) With sub

    		•
  • Q : Fiscal policy Which one of the

    Which one of the following statements about discretionary fiscal policy is correct? A. Discretionary fiscal policy refers to the changes in taxes and transfers that occur as GDP changes. B. Discretionary fiscal policy refers to any change in government spending or taxes that destabilizes the econo

    		•
  • Q : Need of sacrificing activity for the

    I have a problem in economics on Need of sacrificing activity for the other. Please help me in the following question. Competitive choices outcome if: (i) The freely accessible quantity of a good surpass people's wants. (ii) Shortages of requirements

    		•
  • Q : ECONOMETRICS PROBLEM MORE EXAMPLE OF

    MORE EXAMPLE OF THE ABOVE TITLE AND SOLUTION OF D/T WORK OUT .HELP ME PLEACE!!

    		•
  • Q : Entailing the allocation of queuing The

    The allocation by queuing entails waste since some people: (i) Overstress their work credentials to acquire good jobs. (ii) May gain whereas others lose whenever lotteries are employed. (iii) Will spend long, fruitless periods waiting in line. (iv) Co

    		•
  • Q : Technology and Economic Growth

    Technological advances in the food production would make it probable to generate: (1) 40 units of food and a few clothing. (2) More than 40 units of food. (3) 70 units of clothing and greater than 20 units of food. (4) All of the above.

    Q : Allocative efficiency of economy The

    The economy is allocatively resourceful when the: (1) Economy is mainly based on pure socialism. (2) Growth rate is maximized since investment surpasses consumption. (3) Output mix is on production possibilities frontier and imitates what people deman

    		•
  • Q : Problem regarding Division of Labor

    Rocky Mountain encompass one group of workers shape metal tubing whereas other groups weld frames, others bring together, paint flames on gas tanks, and  test ride new cycles at Rocky’s Custom Choppers. Rocky’s firm relies on the division of: (1) Task

    		•