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QUESTION

I am unsure of these three questions. Can you please cite the answers?

I am unsure of these three questions. Can you please cite the answers?

QUESTION 3

  1. According to Heilbroner, the solutions to the two basic economic problems/tasks are:
  2. a.tradition, markets, and interest rates.
  3. b.production and distribution.
  4. c.manorial estates, guilds, and the Catholic Church.
  5. d.command, markets, and tradition.

QUESTION 7

  1. According to Heilbroner, there are two key tasks/problems that all societies face. These are:
  2. a.Maintaining low interest rates and low inflation.
  3. b.Maintaining demand and supply. 
  4. c.Production and distribution.
  5. d.The law of demand and the law of supply.

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