--%>

Mixture of market and command elements

Can someone help me in finding out the right answer from the given options. The modern U.S. economy: (i) Is an illustration of a pure market system. (ii) Is a mix of market and command element. (iii) Has evolved to a fundamental command system s (iv) Experienced little structural modification in the last 50 years.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Econometrics

  • Q : Technological advances in Economic

    Can someone help me in finding out the right answer from the given options. Points exterior to the production possibilities frontier become possible when: (i) Depreciation surpasses saving. (ii) Technology advances. (iii) Exports surpass imports. (iv) Resource underem

  • Q : Need of sacrificing activity for the

    I have a problem in economics on Need of sacrificing activity for the other. Please help me in the following question. Competitive choices outcome if: (i) The freely accessible quantity of a good surpass people's wants. (ii) Shortages of requirements

  • Q : Expanding the Diminishing Returns Can

    Can someone help me in finding out the right answer from the given options. The law of diminishing returns refers to the rising: (1) Complexities encountered in expanding any activity continually. (2) Reductions in the costs from expanding big scale p

  • Q : Outward shift of production

    The raise in the quantity of labor for society shown would lead to: (1) An inward shift of the production possibilities frontier. (2) The movement all along the production possibilities frontier. (3) An increased opportunity cost for all the goods. (4

  • Q : Slower rates of economic growth In the

    In the production possibility frontier model, a society which presently selects higher levels of consumer goods and some capital goods outcomes in: (i) Higher rates of unemployment in future. (ii) Enhanced economic efficiency. (iii) Slower rates of th

  • Q : Increasing Costs-Opportunity costs

    Since clothing output expands from 0 to 100, then the opportunity cost per unit of extra clothing: (i) Increases. (ii) is zero. (iii) Drops. (iv) Is constant. Can someone please help me in finding out the accurate answer from the a

  • Q : Allocative Mechanisms-Inheritances of

    The Feudal society in which a ‘divine right’ to govern arose via inheritances of such titles as ‘king’ or ‘queen’ relied relatively greatly on an allocative method of: (i) Enthronement. (ii) Secularism. (iii) Merito

  • Q : Influence of saving in Economic Growth

    Can someone help me in finding out the right answer from the following options. As the time passes, the production possibilities frontier will enlarge: (1) Proportionally if population growth accelerates. (2) Rapid the more people invest and save. (3)

  • Q : Free goods Scarcity The government

    The government decision makers in all societies can most simply and safely avoid: (i) Questions regarding "what, how, and for whom?" (ii) Free goods. (iii) The effects of scarcity. (iv) Issues of the income distribution. (v) Economic inefficiency.

    Q : Social costs of producing goods The

    The absolute value of the slope of production possibilities frontier equivalents the: (i) Aggregate Supply curve. (ii) Net economic efficacy of the society. (iii) Aggregate Demand curve. (iv) Relative social costs of generating goods. (v) Rate of tech