Question

this exam is taken outside of class and close on its due date. the exam covers chapters (1-4). the exam is 60 minutes only. 1 multiple choice 1 point which statement most accurately identifies a limitation of the free-market economic system? free-market economies tend to result in unequal distribution of wealth. free-market economies are generally plagued by shortages of needed consumer goods. free-market economies offer little opportunity for the poor to work their way out of poverty. free-market economies have been unable to create wealth as rapidly as other types of economic systems. 2 multiple choice 1 point when anheuser-busch inbev, a u.s.-based company, sells budweiser beer produced in st. louis, missouri, to custom a(n):

Explanation:

Question 1

To solve this, we analyze each option:

• Option 1: Free - market economies rely on private ownership and market forces. Since resources are allocated based on ability to pay, wealth often accumulates in the hands of a few, leading to unequal distribution. This is a known limitation.
• Option 2: In free - market economies, producers respond to demand signals (prices). Shortages are more common in command economies where production is centrally planned. So this is incorrect.
• Option 3: Free - market economies offer opportunities for entrepreneurship and hard work. The poor can start businesses or gain skills to move out of poverty. So this is incorrect.
• Option 4: Free - market economies are known for their ability to create wealth rapidly due to competition and innovation. So this is incorrect.

Answer:

A. Free - market economies tend to result in unequal distribution of wealth.

Question 2

(Note: The question seems to be cut off. Assuming it is about selling domestically produced goods to foreign customers, the answer would be related to exports. But since the full question is not visible, if we assume the options are about export, domestic sale, etc., and the scenario is selling US - produced beer to foreign customers, the answer would be an export. But with the given incomplete question, we can't provide a definite answer. If you can provide the full question, I can help further.)