Question

Marco question The most important economic unit is _____________ a. family b. labor union c. governments...

Marco question

The most important economic unit is _____________

a.

family
b.

labor union
c.

governments
d.

foreign nations
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Correct option is a. family

The most important economic unit is family.

In a traditional economic system family is the most important economic unit. A family comprises of the working citizens of a country. Families make up institutions that are required for smooth & successful running of society. Families promote stability in an economy. There are various needs of families like food, clothing, shelter, etc. Most of the production activities are done to fulfil the needs of the family. Family serve as the basic foundation of society's economic institutions.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is the most important element of economic development according to contemporary economic research? a. economic...
What is the most important element of economic development according to contemporary economic research? a. economic institutions b. none of the options c. natural resources d. climate and geography
Most bonds:     a. are interest-bearing obligations of governments or corporations. b. are floating-rate securities. c....
Most bonds:     a. are interest-bearing obligations of governments or corporations. b. are floating-rate securities. c. give bondholders a voice in the affairs of the corporation. d. are money market securities.
Basic unit or smallest taxon of taxonomy/ classification is (a) species (b) kingdom (c) family (d)...
Basic unit or smallest taxon of taxonomy/ classification is (a) species (b) kingdom (c) family (d) variety.
QUESTION 1 A benefit of being part of a customs union (relative to not being in...
QUESTION 1 A benefit of being part of a customs union (relative to not being in the customs union) is, a. being in a customs union makes it more likely that firms can achieve economies of scale b. a customs union tends to have more bargaining power in trade agreements than a country has by itself c. both A and B d. neither A nor B QUESTION 2 A key difference between a customs union and a free trade area...
QUESTION 5 What is the most important tool for interest groups seeking to influence election outcomes?...
QUESTION 5 What is the most important tool for interest groups seeking to influence election outcomes? a. lawyers b. public relation c. money d. connections 2 points    QUESTION 6 Third parties have a difficult time winning for all of the following reasons except: a. It is more difficult for third party candidate to get on the ballot b. The lack of proportional representation elections c. Most Texans identify with one of the two major parties d. General election candidates...
Question 4 (1 point) Which of the following statements is true? a Modern economic growth began...
Question 4 (1 point) Which of the following statements is true? a Modern economic growth began in Britain around 1760 and has been slow to spread. b While much of the Western world began to experience modern growth in the early 1800s, most of Asia did not experience it until the 1990s. c It has only been in the last few decades that nations in Africa have begun to experience modern economic growth. d All of the above. e Only...
Which of the following is most unlikely to impact on the level of net foreign investment...
Which of the following is most unlikely to impact on the level of net foreign investment in Australia? a.   the relative return on the NYSE compared to the ASX b.   changes in the monetary policy settings of the U.S Federal Reserve c.   a decrease in humanitarian foreign aid by the Federal Government d.   an increase in perceived default risk of government bonds issued by some European nations   Important: can you please explain your answer properly
Question 21 ​By default, most wireless networks are ____. a. ​secured by WEP b. ​password-locked c....
Question 21 ​By default, most wireless networks are ____. a. ​secured by WEP b. ​password-locked c. ​secured by WPA or WPA2 d. ​left unsecured 1 points Question 22 ​Choosing Image Editing and Illustration Programs a. ​non-lossy b. ​linear c. ​bitmap d. ​vector 1 points Question 23 ​Computer-generated graphics come in two varieties: ____ and vector. a. ​linear b. ​raster c. ​angular d. ​digital 1 points Question 24 ​Currently, WWANs provide wireless connections to the Internet using ____ networks created by...
In Teamsters Local Union No. 523 v. National Labor Relations Board, where a sales representative complained...
In Teamsters Local Union No. 523 v. National Labor Relations Board, where a sales representative complained of unfair labor practices after he was demoted by the union when his employer consolidated its distribution so that the union would represent all distribution workers, rather than only some, the U.S. Court of Appeals held that: a. the union and employer were discriminating against the employee, but not in a way that encouraged union participation b. the union and employer were discriminating against...
) Consider Home produces computers(C) and food(F) using capital(C) and labor(L). The unit factor requirements are...
) Consider Home produces computers(C) and food(F) using capital(C) and labor(L). The unit factor requirements are fixed and given by: aLC = 2, aKC = 6, aLF = 3, aKF = 4. The total labor supply is 900 and the total capital stock is 1,500. (1 point) a. Which good is relatively labor intensive? Which good is relatively capital intensive? (2 points) b. Derive and draw the PPF of this country. At which point on the PPF are both factors...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT