Use the drop-down menu to complete the sentence.(1 point)
Increased competition between producers of a good may lead to
Choose
5 answers
lower prices and improved quality.
Which type of economic system has the highest level of government control?
(1 point)
Responses
traditional economy
traditional economy
market economy
market economy
command economy
command economy
mixed economy
(1 point)
Responses
traditional economy
traditional economy
market economy
market economy
command economy
command economy
mixed economy
command economy
Which of the following is a feature of a good budget?
(1 point)
Responses
money reserved for saving
money reserved for saving
income that is less than its expenses
income that is less than its expenses
high use of credit
high use of credit
economic incentives
(1 point)
Responses
money reserved for saving
money reserved for saving
income that is less than its expenses
income that is less than its expenses
high use of credit
high use of credit
economic incentives
money reserved for saving
1 answer