The Free-Market System Coordinates Output Decisions by Pushing

question 75

Multiple Choice

The free-market system coordinates output decisions by pushing

• A)up price when there is a shortage.
• B)down price when quantity demanded exceeds quantity supplied.
• C)up price when there is a surplus.
• D)up price when quantity supplied exceeds quantity demanded.

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Capital

Financial assets or the financial value of assets, such as cash and securities, or fixed assets like machinery and buildings, used in producing goods and services.

American Economy

The economic system of the United States characterized by a mixture of private and public enterprises, a high level of technological innovation, and a relatively high GDP per capita.

Largest

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