Hello. You did not present the answer options, which makes it impossible for your question to be answered accurately.
However, we can say that the biggest elements that exist in a market economy, but do not exist in a capitalist system is the production of goods and services determined by the concepts of demand and supply. This is because in the market economy, the production of goods and services is determined by these two elements, whereas in the communist system, this production is determined by the government.
Answer:
It would go down because the government wouldn’t be spending money to help the dip go up.
Explanation:
Different levels of government (federal, state, local) have different duties in their task of serving the US citizens. They are organized in such a way that one should not interfere in the competencies of the others.
- Local government are in charge of providing services such as education, police, fire department, green areas and parks, healthcare facilities, highways, housing services, and many others.
- On the other hand, driving licenses are issued by the state, as the same rules apply to all its citizens.
Answer:
Flexible
Explanation:
Flexible exchange rate system is a monetary system that is determined by the forces of demand and supply in the foreign exchange market, just like the price of a commodity. In response to the demand and supply change, the currency value is allowed to fluctuate freely without any form of government intervention or control by central banks.
What Individuals who buy and sell currency in international market think the currency is worth affects the flexible rates, and their judgments are centered on the strength of the economy, debt levels of the country and interest rates of central banks.
