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QUESTION 331.In Country X, all dimensions of economic activity, including pricing and production decisions, are determined by the central government. Which term best describes Country X?
188.8.131.52.184.108.40.206.10.11.12.13.1 points QUESTION 341.The two main categories in the balance of payments are the ________.2.3.4.merchandise exchange account and the services account5.6.7.external debt and the unilateral transfers account8.9.10.merchandise trade account and the capital account
11.12.13.current account and the capital account1 points QUESTION 351.Which of the following is most likely a true statement about the global economy since the 1980s?2.3.4.Socialist governments are intervening more inglobal exchanges.5.6.7.Wealthy countries are exercising total control over emerging markets.8.9.10.Developing countries are losing growing shares of their foreign-exchange reserves.11.12.13.Emerging economies are adopting the principles and practices of free markets.1 points QUESTION 361.________ typically results when demand decreases and supply increases.220.127.116.11.6.7.
18.104.22.168.12.13.1 points QUESTION 371.Market economies are primarily characterized by ________.2.3.4.formal cooperation among government, companies,and workers to achieve stable growth5.6.7.heavy government spending and high taxation to pay for a range of social services8.9.10.minimal governmental participation11.12.13.restricted consumer powers1 points QUESTION 381.Tatum Manufacturing recently opened a new facility in Hong Kong. The firm can most likely expect the Hong Kong government to ________.2.3.4.
22.214.171.124.126.96.36.199.13.1 points QUESTION 391.According to research, which of the following countries is the strongest supporter of free markets?188.8.131.52.184.108.40.206.10.
220.127.116.11 points QUESTION 401.In a command economy, ________.2.3.4.businesses and consumers are assumed to be the best judges of how resources should be allocated5.6.7.the government sets goals and determines the priceand quantity of what is produced8.9.10.different economic sectors coordinate the activities of the federal government11.12.13.each enterprise sets its goals before making reportsto the central government1 points Click Save and Submit to save and submit. Click Save All Answers to save all answers.