--%>

Mixed economy of a market system

Whenever compared to a mixed economy which relies primarily on the market system, the society which relies relatively greatly on brute force, queuing, and arbitrary selection tends to experience: (1) Powerful reducing returns. (2) Opportunity costs to drop. (3) Fast technological advance. (4) Higher labor force participation. (5) Inadequately low levels of the production.

What is the right answer?

   Related Questions in Public Economics

  • Q : Society based on pure capitalism Can

    Can someone help me in finding out the right answer from the given options. In a society, based on pure capitalism, the government: (i) Is completely needless, as anarchy is ideal. (ii) Specifies the production and distribution plans in detail. (iii) Enforces the prop

  • Q : Market adjustments change equilibrium

    A movement along the demand curve for a good would be caused through changes within: (1) preferences and tastes. (2) costs for productive resources. (3) supply which change the equilibrium price of the good. (4) expectations regarding future prices.

  • Q : Determine when economic efficiency is

    Economic efficiency is most clearly improved while: (i) a new Wal-Mart opens in a rural community. (ii) less-developed countries grow quicker than more developed countries. (iii) taxes are composed in accord along with the principle of progressivity. (iv) India increa

  • Q : Problem of Economic Policies and

    Hello guys I want your opinion. Please recommend your view for given Economic Policies and Normative Economics problems. Disagreements in between economists about economic policies most commonly occur from differences within their:

  • Q : Define positive technical statement on

    A positive technical statement on the subject of college life is which: (1) college deans are more moral than department chairs. (2) elite colleges frequently admit the wrong students. (3) history professors and accounting professors deserve similar pay. (4) on averag

  • Q : Define the economically efficient

    An economically efficient combination of resources: (w) may or may not be technologically efficient. (x) will be technologically inefficient. (y) will not be technologically inefficient. (z) automatically assures equity. Hey guys p

  • Q : People thinking about invisible hand of

    Adam Smith’s “invisible hand” consider as to a process through which people think: (w) trying to serve their own interests also exploit social well being. (x) rely upon democratic governments to make main economic decisions. (y) base

  • Q : Society resources-output combinations

    The country’s production-possibilities curve exhibits: (i) Which combination of goods are best for the society. (ii) Output combinations which fully employ society's resources. (iii) Demands for various resources. (iv) Monetary quantities and pr

  • Q : Major foundations of capitalism Can

    Can someone help me in finding out the right answer from the given options. Major foundations of the capitalism are as: (1) Private property and laissez faire govt. (2) Government enforcement of contracts and equivalent opportunity for all. (3) The ri

  • Q : Illustrate the free goods in economic

    Hey friends please give your opinion for the problem of free goods in Economic that is given below: The entire given are free goods EXCEPT the enjoyment people derive from as in below: (w) rain which waters our law