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gayaneshka [121]
3 years ago
11

What are the three main types of economic systems?

Business
1 answer:
otez555 [7]3 years ago
3 0

Answer:

command, market, and mixed

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The right answer for the question that is being asked and shown above is that: "TRUE." <span>Most stock agencies do not have their images online because of privacy issues. This statement is true as far as the stock of agencies is concerned.</span>
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Why is real GDP a more accurate measure of an economy's production than nominal GDP? Real GDP does not include the value of inte
klasskru [66]

Answer: Option (b) is correct.

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Real GDP is totally based on the base year price level. This means that base year price level remains the same over all the periods. Therefore, Real GDP is generally not affected by the changes occur in the price level. Hence, it only includes the changes in output.

Nominal GDP takes into account the effect of changes in the price level. Therefore, it is affected by the changes in the price level and it is also measured in current U.S dollars. Hence, it doesn't show the true value of the goods and services produced in a given year.

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David Blehert and his research team captured 117 healthy bats to study in the laboratory and divided them into four groups. Grou
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One disadvantage of the dbms is that it increases the risk of data security breaches.
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In December 2007, the Great Recession came to an end in June 2009, making the Great Recession the longest since World War II. The Great Recession was extremely extreme in a number of ways. Actual GDP decreased by 4.3% in 2009Q2, the biggest decline in the post-war era (based on the data of October 2013), as from its peak in 2007 Qu4. The figure was 4.3%. In December 2007, the unemployment rate was 5%, rising to 9.5% in June 2009 and a high of 10% in October 2009.

Simultaneously, the financial consequences of the Great Recession had outsized: the average home prices decreased by about 30 percent from the middle of 2006 to mid-2009, while the S&P 500 index decreased by 57 percent from its high in October 2007. Net values for US households and non-profit organizations dropped to $55 trillion in 2009, from a high of approximately $69 trillion in 2007.

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