The Macroeconomy - Study guides, Class notes & Summaries

Solutions for The Macroeconomy Today solved questions and answers who makes the decision in a market based system? - answersbuyers and sellers who makes the decision in a state run system - answersgovernment optimal mix of output - answersthe most desirable combination of output attainable with existing resources, technology, and social values market failure - answersa situation in which a market left on its own fails to allocate resources efficiently sources of market failure - answerspu...