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a profitable result of economic development. an inevitable result of the industrial system. the result of a number of carefully organized decisions. a phenomenon common to industrialized and non-industrialized societies.
predicting the consequences of a practice. criticizing a point of view. calling attention to recent discoveries. summarizing conflicting opinions.
a profitable result of economic development. an inevitable result of the industrial system. the result of a number of carefully organized decisions. a phenomenon common to industrialized and non-industrialized societies.
Soviet firms show greater profit. Soviet firms have less control over the free market. Soviet firms are able to adjust to technological advances. Soviet firms have some authority to fix prices.
a profitable result of economic development. an inevitable result of the industrial system. the result of a number of carefully organized decisions. a phenomenon common to industrialized and non-industrialized societies.
predicting the consequences of a practice. criticizing a point of view. calling attention to recent discoveries. summarizing conflicting opinions.
predicting the consequences of a practice. criticizing a point of view. calling attention to recent discoveries. Summarizing conflicting opinions.
there is a definite relationship between inflation and interest rates economy will always follow certain models the economic situation is better than expected economists had foreseen the present economic situation
critical of puzzled by disappointed at amazed at
the belief of economists about bow economic things work. the illness that is damaging the health of today’s economy. the consensus that there is no quick fix for economic recession. the ineffective measures taken to correct the economic crisis.
refute the theory that the free market plays a useful role in the development of industrialized societies. argue that price-fixing, in one form or another, is an inevitable part of and benefit to the economy of any industrialized society. show that in industrialized societies price-fixing and the operation of the free market are not only compatible but also mutually beneficial. explain the various ways in which industrialized societies can fix prices in order to stabilize the free market.
The directors of large firms will continue to anticipate the demand for products. The directors of large firms are less interested in achieving a predictable level of profit than in achieving a large profit. The directors of large firms will strive to reduce the costs of their products. Many directors of large firms believe that the government should establish the prices that will be charged for products.
a profitable result of economic development. an inevitable result of the industrial system. the result of a number of carefully organized decisions. a phenomenon common to industrialized and non-industrialized societies.
predicting the consequences of a practice. criticizing a point of view. calling attention to recent discoveries. Summarizing conflicting opinions.
human behavior is confined to the exclusive concern of psychologists. economists' utility is only the explanations for random acts of kindness. altruism is developed during the long process of human evolution. biologists can help economists explain some human behavior deviations.
there is a definite relationship between inflation and interest rates economy will always follow certain models the economic situation is better than expected economists had foreseen the present economic situation
the low inflation rate will last for some time the inflation rate will soon rise the inflation will disappear quickly there is no inflation at present
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