How Are the Fundamental Economic Decisions Determined in Canada

question 180

Multiple Choice

How are the fundamental economic decisions determined in Canada?

• A)Individuals,firms,and the government interact in a market to make these economic decisions.
• B)These decisions are made by the country's elders who have had much experience in answering these questions.
• C)The government decides because Canada is a centrally planned economy.
• D)The United Nations decides because Canada is a developing economy.

---

Definitions:

Vegetable Garden

A plot of ground where vegetables are cultivated for personal consumption or sale.

Square Feet

A measurement of area equal to the area of a square with sides of one foot in length.

Gallons

A unit of volume for liquid measure in both the US customary units and the British imperial system, used to quantify fuel, milk, water, and other liquids.

Gasoline

A petroleum-derived liquid mixture used primarily as fuel in internal combustion engines.