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nata0808 [166]
3 years ago
7

Societies organize their economies in two main ways to answer the three questions of​ what, how, and who. A society can have a _

_________ market centrally planned mixed economy in which the government decides how economic resources will be allocated. Or a society can have a ________ centrally planned mixed market economy in which the decisions of households and firms interacting in markets allocate economic resources.
Business
1 answer:
Westkost [7]3 years ago
8 0

Answer:

Centrally planned; market

Explanation:

The three basic questions for an economy is what to produce, how to produce and for whom to produce.  

A centrally planned economy is that type of society where the government decides the allocation of resources. The economic activities are controlled by the government or any other central authority.  

A market economy is the type of society where the allocation of resources is determined by the interaction of market forces. The economic activities are not strictly controlled by the government.

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Which measurements is the same length as 1 meter
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Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in most of the United States. Customers order
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1 year ago
Assume the stock return for the next month is a random variable that follows a Normal distribution with the mean 1.5% and the st
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Answer:

Check the explanation

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The price of the original asset is the same amount as the expected future price which are being discounted at the risk-free rate.

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