The three broad types of economic systems are:
- International executives, market analysts, and policy makers study economic performance to better understand all of the following except:
- a. wealth accumulation.
- b. individualistic orientations.
- c. job creation.
- d. income growth.
- The gross national income per capita is:
- a. the value of production that takes place within a nation’s borders divided by the population.
- b. the value of all goods within that country.
- c. adjusted to reflect differences in the cost of living.
- d. the value of all goods and services produced in the economy divided by the population.
- Per capita GNI is determined by ____ the size of GNI of a nation by its total population.
- a. Multiplying
- b. Adding
- c. Subtracting
- d. Dividing
- A general, sustained rise in prices measured against a standard level of purchasing power is called
- a. Inflation
- b. Hyperinflation
- c. cost of living
- d. relative income
- The three broad types of economic systems are:
- a. individualist economy, mixed economy, and state-directed economy.
- b. market economy, collective economy, production economy.
- c. market economy, hybrid economy, and command economy.
- d. market economy, command economy, mixed economy.
Please answer my question
- What is the economic environment in Business ?
- Please mention and describe type of economic system ? please give each example !
