. _______ What term implies that there shall be no government interference in the economy?a. market economyb. free-market economyc. command economyd. laissez-fairee. socialism

Ozland has closed itself off to international trade. Ozland citizens noticed that the policy shift resulted in no change in the prices of computers, why may that be? A. Autarky prices and free trade prices are the same. B. Autarky prices are larger than free trade prices. C. Autarky prices are smaller than free trade prices. D. The absolute value of autarky prices are negatively correlated with free trade prices. Explain your answer in up to 200 words and using a diagram

20. In which of the following types of political culture do citizens believe that the role of government is to protect and preserve the existing social order? a. Individualistic b. Traditionalistic c. Moralistic d. Socialistic e. Civic

Question 5 Which of the following is not an assumption made by economists about the actors in the market. OA, the government has no internal conflicts and therefore is always consistent in its decision making. firms act to maximize profits. B. Oc households act to maximize satisfaction or utility. OD, governments serve to establish and protect property rights.

Almost all states levy sales taxes on retail products, but about half of them exempt purchases of food. In addition, virtually all services are exempt from state sales taxes. a. The exemption of food from sales taxes is most likely explained by what? A. Attaining social objectives. B. The ability-to-pay principle. OC. The horizontal-equity principle. OD. The benefits-received principle. b. The exemption of services from sales taxes is most likely explained by what? A. The ability-to-pay principle B. Attaining social objectives such as avoiding tax evasion. OC. The benefits-received principle. D. The horizontal-equity principle.   Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.