Economic systems and macroeconomic variables

Question 1 of 10

A key feature of the free market economy is

Question 2 of 10

The four main macroeconomic objectives include low inflation, low unemployment, economic growth and

Question 3 of 10

Ghana's economy, with both private businesses and state enterprises, is best described as

Question 4 of 10

A major weakness of the command economy is

Question 5 of 10

Inflation in Ghana is usually measured with the

Question 6 of 10

Unemployment that happens when workers are between jobs is

Question 7 of 10

A mixed economy combines

Question 8 of 10

An economy in which the state owns and plans most production is

Question 9 of 10

The unemployment rate measures

Question 10 of 10

In a traditional economy, decisions are based mainly on