Answer:
The correct answer is: <u>Mixed economy</u>.
Explanation:
To begin with, the term of mixed economy is used to describe an economic system whose characteristics are elements from both market economies and planned economies. Moreover, this system includes a combination of the elements of the other two, such as free market with state interventionism or private enterprise with public enterprise as well too. In addition, this type of economy focuses in the predominance of private ownership of the means of production with profit-seeking enterprise and the accumulation of capital as its fundamental driving force.
<span>a. not counted as part of the labor force</span>
Answer:
D.what the government decides is important for society
Answer:
Financial account transactions are those that involve capital goods or purchases.
The Current account is for goods and services.
1. Australian company buys steel from a U.S. firm. -<u> Current Account. Payment from foreigners.</u>
This is a purchase of a good being steel and the payment was made by foreigners to a U.S. firm.
2. The Federal Reserve buys $2 billion worth of euros. <u>Financial Account. Payment to foreigners.</u>
This is a capital flow involving the purchase of another currency. It was done by paying foreigners.
3. Profits are earned by a U.S. based mining company operating in Mexico. <u>Current Account. Payment from foreigners.</u>
These profits were made from business operations offering goods and services so is for the current account. The profits was made from Mexico so is a Payment from foreigners.
4. An English company purchases a U.S. confectionery manufacturer. <u>Financial Account. Payment from Foreigners. </u>
The English company invested in owing the confectionery manufacturer so this is a capital transaction. It involved a foreign company paying a U.S. company so is a payment from foreigners.
B is the answer . I had the same question on my online exam