Which statement does BEST describe continuums is in economics? Choose all that apply.
Responses
AA continuum describes the fusing of two different economic systems into one.
A continuum describes the fusing of two different economic systems into one.
BA continuum describes following one economic system over a long period of time.
A continuum describes following one economic system over a long period of time.
CA system in which government controls all the production and makes all the decisions.
A system in which government controls all the production and makes all the decisions.
DA continuum describes the range from a pure market economy on one far end to a pure command economy on the other end.
A continuum describes the range from a pure market economy on one far end to a pure command economy on the other end.
EIn a mixed economic system, a country falls somewhere in the middle or closer to one end or the other along a continuum.
1 answer
EIn a mixed economic system, a country falls somewhere in the middle or closer to one end or the other along a continuum.