What is characteristic of a pure market economy

Social Studies

1 answer:

algol [13]2 years ago

4 0

Answer:

An economy, or economic system, that relies exclusively on markets to allocate resources and to answer all three questions of allocation. ... In pure market economies, markets are used by buyers and sellers to voluntarily exchange goods, services, and resources. Buyers seek to pay the lowest prices.

Explanation:

So you would be able to like use that it relies on the market for resources, used by buyers,sellers to exchange goods and then buyers kind of bid for the lowest price

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The Jerry Falwell Library houses the Value Line database. This database includes "investment research on companies, industries,

Free_Kalibri [48]

The answer option which describe the types of sources that are housed (available) in this database is: A. It would most likely contain research about stocks and bonds.

A database can be defined as a structured or organized collection of data stored on a computer system and usually accessed in various ways such as electronically.

In this scenario, Jerry Falwell Library contains Value Line database with data (information) on investment research and financial measures such as:

Companies.

Industries.

Markets.

Economies.

Stocks.

Mutual funds.

Options.

Based on the above information, we can deduce that Jerry Falwell Library's database houses (contain) research about stocks and bonds because they are both peculiar to investment and financial accounting information.