Multiple Choice
Which of the following is true of a market economy?
A) In its pure form, it is also known as a command economy.
B) Decisions are regulated by a central agency.
C) The government answers the basic economic questions of what gets produced, how it gets produced, and who gets it.
D) It relies on millions of individual economic decisions to determine economic outcomes.
Correct Answer:
Verified
Correct Answer:
Verified
Q208: Refer to the information provided in
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Q214: Refer to the information provided in Figure
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