Q45. The price and amount of a good produced in a non-market economy is determin

Question

Q45. The price and amount of a good produced in a non-market economy is determined by
   a. barter.
   b. banks.
   c. goods on hand.
   d. government authorities.
   e. cost of raw materials.

Q46. The Senate rejected efforts by President Wilson to bring the U.S. into the League of Nations largely because
   a. the amount of money required was too high.
   b. the League of Nations was controlled by anti-U.S. interests.
   c. the entry of the U.S. would have been interpreted world-wide as a blatant U.S. attempt to control world foreign policy.
   d. the Senate knew that the required approval of member nations would not be extended to the U.S.
   e. the policy of isolationism.

Explanation / Answer

Government Authority

e. the policy of isolationism as after the world war United states wants to focus on itself rather than being the part of eueopean conflict.

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