In a Market System, Which of the Following Is a Major

question 79

Multiple Choice

In a market system, which of the following is a major benefit of making the firm's owners and investors exclusively shoulder the business risk?

• A)Those who deeply dislike business risk will not have anything to do with the business.
• B)This allows firms to more easily attract labor and other suppliers of inputs.
• C)This reduces the business risk in the economy.
• D)It makes it easier for the government to monitor and manage the business risk.

---

Definitions:

American Troops

Members of the United States Armed Forces, which include the Army, Navy, Marine Corps, Air Force, and Coast Guard.

Declaration of War

A declaration of war is a formal act by which one nation goes to war against another, typically requiring approval by the legislature in democratic countries.

Executive Office

A branch of government responsible for enforcing laws and managing the administration of public policy, typically headed by the President or Prime Minister.

President

The elected head of state and government in a republic, particularly referring to the President of the United States.