1. In the Private Sector, there are many ____________ to be made by Business managers regarding which “projects” to borrow for and which “projects” to invest in. These often contain a great deal of risk and uncertainty as well as the potential for benefits (profits).
2. A number of factors account for the recent increase in the inequality of incomes, but the increased need for workers with strong __________ skills is important in explaining some of this change.
3. The __________ Sector of an Economy is the resource allocation by government including city, county, state, and federal areas.
Solution-
1. In the Private Sector, there are many Choices to be made by Business managers regarding which “projects” to borrow for and which “projects” to invest in. These often contain a great deal of risk and uncertainty as well as the potential for benefits (profits).
The correct answer is Choices.
2. A number of factors account for the recent increase in the inequality of incomes, but the increased need for workers with strong technical skills is important in explaining some of this change.
The correct answer is Technical.
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