Which statement best describes a pure market economy

Business

2 answers:

ivolga24 [154]3 years ago

5 0

An economy or economy system that relies on markets to provide them resources.

Ksenya-84 [330]3 years ago

4 0

Out of the statements listed, the decisions made by producers and consumers try all economic choices best describes a pure market economy. A pure market economy is an economy where the market controls all of the decisions and allocations of goods. The market is made up of the producers and consumers, which is why this statement makes the most since. The government does not play any role in a pure market economy, which is where it received its name pure market because the market is purely responsible.

You might be interested in

Who has lost someone in the past year

oksian1 [2.3K]

Answer:

i have

Explanation:

5 0

3 years ago

Read 2 more answers

True or False. The primacy effect refers to the tendency to recall the items at the beginning and end of a list better than the

fgiga [73]

Answer:

The correct answer is the option: False.

Explanation:

To begin with, the primacy effect, in the fields of psichology and sociology is known as a cognitive bias and is part of a serial-position effect among with the recency effect. Moreover, the term<u><em> refers to the tendency to recall the information at the beginning only</em></u> of a list better that the information in the middle and at the end of that same list.

Secondly, the recency effect is the one that establishes that a person tends to recall the items at the end better that the items at the beginning or middle.

6 0

3 years ago

An association had a fund balance of 75 on January 1 and 60 on December 31. At the end of every month during the year, the assoc

ValentinkaMS [17]

Answer: 0.11 or 11%

Explanation: The dollar-weighted return (DWR) measures the rate of return of an investment or a portfolio, taking under consideration the timing of flows. for every deposit, add the resulting amount to the start balance, and for every withdrawal, subtract that quantity. Check the attachment for the solution.

Once you've got both numbers, divide the first by the second. which will offer you the dollar-weighted investment return, which you'll then multiply by 100 to give you a return in percentage terms.

3 0

3 years ago

Investments created to invest many people's money in many different firms are called:

Advocard [28]

B. money market funds

6 0

3 years ago

Read 2 more answers

Currency markets operate under a system of _____ in which the prices of different currencies move up or down based on the deman

neonofarm [45]

Answer: Floating exchange rate

Explanation: The floating exchange rate is a mechanism under which a country's exchange prices are set by the supply and demand-based foreign exchange market compared to other currencies. It compares with a fixed exchange rate, wherein the government decides the rate completely or mainly.

Floating currency regimes mean that lengthy-term currency price movements represent relative economic power and country-to-country rate of interest differences.

A currency that is too high or low may have a negative impact on the country's economy, impacting trade and debt-paying efficiency. The state or banking system would try to take action to bring their currencies towards a more desirable level.

4 0

3 years ago