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The prime rate of interest
The money supply
The rate of inflation Do
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e. 7. „Command‟ or centrally-planned economic systems eventually failed to keep up
with the mixed-market economies because: y.
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ID 8. Which of the following is NOT an idea attributable to Karl Marx:
: 18 Do wn lo 51 a. That workers in capitalist mass-production industries are alienated
b. That capital tends to accumulate under the control of fewer and fewer
c. That workers would eventually come to own all capital in common
d. That the power of the state would eventually wither away
e. None of the above; all are ideas attributable to Marx.
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tu 51 Test 9. “Anti-Trust” legislation is an important part of modern mixed-market capitalism
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They did not build enough physical capital
They suffered from high unemployment rates
There were not enough bureaucrats to do the calculations required by
e. There was poor political leadership. 51 a.
d. Attempts to promote better competition
Protects the big banks from unfair competition from trust funds
Helps avoid another Great Depression
Lets governments regulate how business treat their workers
None of the above
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This note was uploaded on 01/09/2013 for the course RSM 100 taught by Professor Oesch during the Spring '08 term at University of Toronto- Toronto.
- Spring '08