Multiple Choice
The diagram below shows two production possibilities boundaries for Country X.
FIGURE 1- 4
-Comparison of economic systems indicates that
A) most countries have mixed economies.
B) most nations have either a purely socialist economy or a purely capitalist economy.
C) all countries have largely traditional economies.
D) socialist economies are clearly superior in producing consumer goods.
E) capitalist economies are clearly superior in distributing income.
Correct Answer:

Verified
Correct Answer:
Verified
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