List the four main types of economic systems and their main attributes.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
Traditional systems Behaviour is based primarily on tradition custom and habit ...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Microeconomics
ISBN: 978-0321866349
14th canadian Edition
Authors: Christopher T.S. Ragan, Richard G Lipsey
Question Posted:
Students also viewed these Economics questions
-
Compare the four main types of training?
-
What are four types of economic systems? Can you provide an example of a country using each type?
-
What are the four main types of corporate bonds?
-
A 14-foot piece of string is cut into two pieces so that the longer piece is 2 feet longer than twice the shorter piece. Find the lengths of both pieces. What is the lenath of the shorter oiece?1...
-
In taking a physical inventory at the end of year 2015, Grant Company forgot to count certain units. Explain how this error affects the following: (a) 2015 cost of goods sold, (b) 2015 gross profit,...
-
Explain how you could use the law of large numbers to show that a coin is unfair by tossing it many times.
-
For an endothermic reaction, \(H\) is (a) - ve (b) 0 (c) + ve (d) Unpredictable.
-
Maple Products, Ltd., manufactures a super-strong hockey stick. The standard cost of one hockey stick is: Last year, 8,000 hockey sticks were produced and sold. Selected cost data relating to last...
-
a) Is the code below tightly coupled if yes provide a reason and implement a loosely coupled working version of it? (7 marks) public class classVolume { public static void main(String args[]) { Box b...
-
1. What steps did Zappos take early in its life as a company to overcome the liability of newness? 2. What can entrepreneurs learn from Zappos experience about motivating employees and building a...
-
Consider the market for doctors' services. In what way has this market taken advantage of the specialization of labour?
-
As we said in the text, the average family income in Canada is about $75 000 per year. Imagine a hypothetical world in which all Canadian families had this income. a. In such a world, would poverty...
-
Using the actual dimensions of commercial steel pipe from Appendix F, plot the pipe wall thickness versus the pipe diameter for both Schedule 40 and Schedule 80 pipes, and fit the plot with a...
-
Trial Balance for the financial year (FY) ended 31st March 2022 of M/s Deepakshi shows following details: Particulars Debit (`) Credit (`) Purchase & Sales 10,00,000 12,00,000 Debtors & Creditors...
-
How is Business Income Limitation computated for Line 11 on the Form 4562?
-
Payne Oil Co. began operations during 2019. The following information is as of 12/31/19 and early 2020. (Expense lifting costs as lease operating expense. Combine lease information for entries marked...
-
The Wayfair decision generally is viewed as overturning which prior case that seemed to require that a company needed to have a physical presence in a state befire that state could require the seller...
-
Take me to the text Jessica Inc. provides you with the following budgeted information for two months in year 2 0 1 9 : March April Sales $ 5 1 5 , 0 0 0 $ 7 3 0 , 0 0 0 Manufacturing Costs 1 6 0 , 0...
-
In Exercises 1138, use the given conditions to write an equation for each line in point-slope form and slope-intercept form. Passing through (3, 5) and (8, 15)
-
The MIT Sloan School of Management is one of the leading business schools in the U.S. The following table contains the tuition data for the masters program in the Sloan School of Management. a. Use...
-
What are the advantages of deploying multicast routing protocols like PIM and IGMP in multimedia streaming applications, and how do they optimize bandwidth utilization and reduce network congestion ?
-
2. (10 points) Describe in a few words what the algorithm Foo does and what the algorithm Bar does. Analyze the worst-case running time of each algorithm and express it using "Big-Oh" notation....
-
Let x(t) = u(t+2)-u(t-1) where u(t) = < [1, t>0 0,t <0 (unit step signal) and h(t)=e'u(-t+1). a) Sketch x(t) and h(t). Label all your axes. b) Calculate the convolution y(t) = x(t)* h(t). Simplify...
Study smarter with the SolutionInn App