With Regard to Various Economic Systems,most Economists Agree That

question 90

Multiple Choice

With regard to various economic systems,most economists agree that

• A)the mix of market and command principles that exists in Canada is the best.
• B)the optimal mix of market and command systems remains constant over time.
• C)most production and consumption decisions are more efficiently coordinated by markets than through central planning.
• D)government intervention in the economy is only justified in time of war.
• E)command economies have been very successful in distributing income in socially just ways.

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Definitions:

Personality Characteristics

Traits that depict consistent patterns of thoughts, feelings, and behaviors unique to an individual.

Extraversion

A personality trait characterized by sociability, talkativeness, assertiveness, and high levels of emotional expressiveness.

Relationship Failure

Relationship Failure describes unsuccessful romantic relationships that end due to various reasons such as incompatibility, conflict, or loss of interest.

Four Horsemen

A term coined by psychologist John Gottman to describe the four communication behaviors (criticism, contempt, defensiveness, and stonewalling) that predict the end of a relationship.