Practice mode / Miscellaneous Economics Extraction of raw materials occurs in which sector of the economy? A Option A: Primary B Option B: Secondary C Option C: Tertiary D Option D: Quaternary Correct answer A. Primary Show answer
Question 01 / Miscellaneous Economics Some of the advantages of a market economy include? A Option A: all participants get some satisfaction B Option B: scarce resources are put into goods that are in demand C Option C: economic output is distributed to those who can pay the price D Option D: all of the above Correct answer D. all of the above Show answer Open question
Question 02 / Miscellaneous Economics Demand and supply are? A Option A: market forces B Option B: key economic indicators C Option C: thesis and antithesis D Option D: causes of inflation Correct answer A. market forces Show answer Open question
Question 03 / Miscellaneous Economics A problem with laissez-faire economic policy is that there is? A Option A: no flexibility B Option B: no provision for public goods C Option C: no profit motives D Option D: responsiveness to demand Correct answer B. no provision for public goods Show answer Open question
Question 04 / Miscellaneous Economics Liberals and conservatives agree to some extent that economic goals should include? A Option A: full employment B Option B: price stability C Option C: adequate economic growth D Option D: all of the above Correct answer D. all of the above Show answer Open question
Discussion