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Questions and Answers
In Canada, the level of government involvement in resource ownership is based on:
In Canada, the level of government involvement in resource ownership is based on:
- The size of the resource
- Historical ownership patterns
- Public demand
- The party in charge (correct)
What is a Crown corporation in Canada?
What is a Crown corporation in Canada?
- A corporation owned by private individuals
- A company owned by the government to provide products and services (correct)
- A corporation owned by multiple political parties
- A corporation owned by foreign investors
In a traditional economy, economic decisions are based on:
In a traditional economy, economic decisions are based on:
- Past practices and ancestral wisdom (correct)
- Market demand
- Government regulations
- Technological advancements
What happens to price when demand decreases and supply increases?
What happens to price when demand decreases and supply increases?
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What is a monopoly in the context of economics?
What is a monopoly in the context of economics?
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In a traditional economy, economic decisions are based on:
In a traditional economy, economic decisions are based on:
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In Canada, the level of government involvement in resource ownership is based on:
In Canada, the level of government involvement in resource ownership is based on:
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What happens to price when demand decreases and supply increases?
What happens to price when demand decreases and supply increases?
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What is a Crown corporation in Canada?
What is a Crown corporation in Canada?
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What is a monopoly in the context of economics?
What is a monopoly in the context of economics?
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