The Basic Objective of the U

question 21

Multiple Choice

The basic objective of the U.S. market-directed economic system is to:

• A) minimize inflation.
• B) satisfy consumer needs as they-the consumers-see them.
• C) provide each person with an equal share of the economic output.
• D) achieve an annual growth rate of at least 10 percent.
• E) make the most efficient use of the country's resources.

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Definitions:

Pathogen

A microorganism, such as a virus, bacterium, or parasite, that can cause disease in its host.

Cognitive

Pertains to the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.

Mechanical

Pertaining to machines or the principles of machinery and engineering.

Model

A representation, either physical, mathematical, or conceptual, used to describe or simulate a process, concept, or entity.