Which of the Four Types of Decision Makers in the U.S.economy

question 23

Multiple Choice

Which of the four types of decision makers in the U.S.economy plays the largest role?

• A)U.S.firms and government because they produce the products that households consume
• B)U.S.households because they supply goods to the product markets and are demanders in resource markets
• C)foreign households, firms, and governments because they greatly outnumber those of the United States
• D)U.S.firms and government because they create employment for domestic households and produce goods and services
• E)U.S.households, as buyers in product markets and sellers in resource markets

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Definitions:

Problem-Solving Teams

Groups formed within an organization to identify, analyze, and solve specific problems, often involving members from different departments.

Generations

Periods of time marked by distinct social, cultural, and demographic characteristics, often used to describe cohorts of people born and raised in similar timeframes.

Self-Managing Team

A group in which members work autonomously to complete tasks and make decisions without the traditional hierarchy of management.

Authority

The power or right to give orders, make decisions, and enforce obedience, often associated with a specific position or role within an organization or society.