The exchange system is based on:
A) supply and demand
B) government reaction
C) lack of labor
D) goods and services
Correct Answer:
Verified
Q31: The price system is based on:
A) a
Q32: The participants in a market include:
A) households
B)
Q33: The circular nature of the economic process
Q34: Taxes may be considered:
A) additions to the
Q35: Some of the restrictions at work in
Q37: Aggregate demand is defined as:
A) one person's
Q38: When cars are offered at low prices
Q39: Some of the advantages of a market
Q40: Public, governmental agencies are:
A) firms
B) households
C) markets
D)
Q41: Demand and supply are:
A) market forces
B) key
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