0000Samsung Quad CameraShot with my Galaxy A21sQULDTI omunk3,san U TAnswer the following questions.1.1Choose the correct answer and write down the correct letter e.g.1.1.4 C1.1.1 The Command economy is also called:A) Planned economyB) Market economyC) Mixed economy1.1.2 The participants in the circular flow of a closed economy are:I.HouseholdsII.BusinessesIII.GovernmentIV.Factor marketA) Only IB) II and IVC) I, II, III and IV 0000Samsung Quad CameraShot with my Galaxy A21sGRADE 9TIME: 1 HOURMID-YEAR-EXAMINATIONTERM 2PAPER 2TOTAL: 50 MARKSSECTION BQUESTION 1 [10 marks; 12 minutes]Answer the following questions.1.1 Choose the correct answer and write down the correct letter e.g.1.1.4 C1.1.1 The Command economy is also called:A) Planned economyB) Market economyC) Mixed economy1.1.2 The partlicipants in the circular flow of a closed economy are:HouseholdsBusinesses

Command Economy is also called Planned Economy. OPTION A. The government controls all the factors of…

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Samsung Quad Camera Shot with my Galaxy A21s GRADE 9 TIME: 1 HO SECTION B QUESTION Answer the 1.1 Choor 1.1.4 C 1.1.1 The C A) Pla B) Ma C) Mi 1.1.2 The pa

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 7P

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