chapter 2 Test
Enter the letter for the matching Definition
| A. the lowest level of unemploymentB. property owned legally by individualsC. the impulse that encourages people to fulfill their needs and wantsD. money that one is earned from their jobE. an economic system demo socialismF. when prices stay constantG. a market that purchases low and sells higherH. an economy in which a central gov. authority makes all basic economic decisions and controls the factors of productionI. exchange made by a volunteerJ. something that encourages an action or effort. K. an economic system in which the gov. owns or controls nearly all factors of productionL. traditional, market, and command combined |
Type the Term that corresponds to the displayed Definition.
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Robert415
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