Economic Institutions Quiz

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What is the function of a non-state transnational market institution?

Advocacy

Which institution is primarily supported by general fund moneys?

Bank

What characterizes general reciprocity?

No expectation of immediate exchange

Which institution deals with the management of the distribution of money, goods, and services in an economy?

<p>Bank</p> Signup and view all the answers

What is the primary role of a nonmarket institution?

<p>Advocacy</p> Signup and view all the answers

What is the primary function of a non-state transnational market institution?

<p>Facilitating global trade and investment</p> Signup and view all the answers

Which institution is primarily supported by general fund moneys?

<p>State institution</p> Signup and view all the answers

What characterizes general reciprocity?

<p>Motivated by obligations towards the welfare of others</p> Signup and view all the answers

What is the primary role of a nonmarket institution?

<p>Advocacy for labor unions</p> Signup and view all the answers

What is the function of a labor union?

<p>Negotiating and representing the interests of workers</p> Signup and view all the answers

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