The U.S.economic System Relies on

question 64

Multiple Choice

The U.S.economic system relies on

• A)The private sector to measure its economic well being.
• B)Industries that produce capital equipment to determine how well things are going.
• C)Frictional unemployment statistics as the sole measure of economic health.
• D)Key economic indicators such as GDP,to measure economic progress.

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Definitions:

Bid

An offer of a certain price for something, especially at an auction.

Withdraw

The act of removing money from a bank account, or retracting from a position or commitment.

Risk of Loss

Refers to the chance or possibility that an asset or investment's value will decrease or be irrecoverably damaged or destroyed.

Bulldozer

A heavy and powerful tracked vehicle equipped with a substantial metal plate used to push large quantities of soil, sand, rubble, or other such material during construction or conversion work.