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Other Fields Homework Help Economics Topic started by: pirex on Oct 17, 2017



Title: Economic models are only applicable to free-market countries.
Post by: pirex on Oct 17, 2017
Economic models are only applicable to free-market countries.
A) False. Economic models are applicable wherever there is scarcity.
B) True. Economic models are applicable only when private citizens are free to make their own decisions.
C) False. Economic models are applicable in all countries with more than one million people, regardless of political structure.
D) True. Economic models are only applicable when government is small relative to the rest of the economy.


Title: Re: Economic models are only applicable to free-market countries.
Post by: LBCea on Oct 17, 2017
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