Answer:
An economic system is any system of allocating scarce resources. Economic systems answer three basic questions: what will be produced, how will it be produced, and how will the output society produces be distributed?
There are two extremes of how these questions get answered. In command economies, decisions about both allocation of resources and allocation of production and consumption are decided by the government. In market economies, there is private ownership of resources—established though property rights—and the factors of production and consumption are all coordinated through markets. In a market system, resources are allocated to their most productive use through prices that are determined in markets. These prices act as a signal for buyers and sellers. Most economies are mixed economies that lie between these two extremes.
In either system, a rational agent would allocate resources and production using marginal analysis. In command economies, this is more difficult to do because without markets, prices fail at being an effective signal.
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Answer:
b. involves asking a respondent a set of semistructured, probing questions in a face-to-face setting.
Explanation:
This is the best description of an in-depth interview. This kind of interview, as the name states, is meant to be "deep." Therefore, it presents probing questions. Moreover, it also requires the interview to be carried out in a face-to-face setting, as this creates a sense of intimacy, and is likely to encourage the respondent to be honest and open.
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The common core ........................
Answer:
capital
Explanation:
when money is available it is easy to develop the world and when people are poor it will be dificult to develop the world