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economic systems: mastery test
submi
select the correct answer from the drop-down menu
if a society decides to produce consumer goods from its available resources, it is answering the basic economic question,
how to produce?
what to produce?
for whom to produce?
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Answers: 2
History, 22.06.2019 04:00
In an industry in which there are several providers of a type of good, why can one business not charge much higher prices for their goods?
Answers: 1
History, 22.06.2019 05:00
What was a major failing of the united states government under the articles of confederation?
Answers: 1
History, 22.06.2019 07:00
Wich statement about the delegates at the constitutional convention is accurate
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History, 22.06.2019 08:00
During the 1920s, the federal reserve increased the money supply and kept interest rates very low, encouraging consumer spending and the brisk borrowing of money. business investment and the expansion of businesses grew rapidly during the 1920 to meet the needs of this huge consumer spending. however, during the crash of 1929, the federal reserve reversed its expansionary monetary policy and cut off the money supply by almost 30%, causing banks to not have enough currency on hand when depositors wanted their hard-earned money. after reading the prompt, what can you surmise happened next that contributed to the great depression? a) black tuesday b) collapse of banks c) high unemployment d) election of franklin d. roosevelt
Answers: 2
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