What Term Denotes a Nation's Basis for Allocating Its Resources

question 8

Multiple Choice

What term denotes a nation's basis for allocating its resources among its citizens?

• A) capital structure
• B) economic system
• C) ownership processes
• D) distribution network
• E) national regulations

---

Definitions:

Legal Aid

A service designed to provide free or low-cost legal assistance to those unable to afford legal representation.

Yearly Return

The amount of profit or loss realized from an investment over a one year period, usually expressed as a percentage.

Fixed Costs

Costs that do not change with the level of output or activity, over a certain period or range of production.

Variable Costs

Costs that vary directly with the level of production or service activity.