Question 4571:

When firms are privatized ____________

A. They are transferred to individuals
B. They are made more profitable.
C. They are owned by the government but managed by individuals
D. Their products are sold to the public.

Question 4572:

Any type of restncted franchise is a wrolation of the principle of ____________

A. Consttutionalism
B. Sovereignty
C. Political equality
D. Popular election

Question 4573:

When the demand for a commodity ts inelastic. who bears the greater burden of the indirect tax?

A. The producer
B. The goverment
C. The retailer
D. The consumer

Question 4574:

The indicator of the value of money in the market is ____________

A. The general pnce level
B. Effective supply
C. The equilibrium pace
D. Effective demand

Question 4575:

Which of the following is not charactenstic of a perfect competition?

A. Many sellers and buyers are in the market
B. There is perfect knowledge of the market situation
C. Supply and demand are equal
D. There is no discnmination