menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 68
  4. Exam
    Exam 2: The Market System and the Circular Flow
  5. Question
    In a Command Economy, the Head of Each Household Makes
Solved

In a Command Economy, the Head of Each Household Makes

Question 127

Question 127

True/False

In a command economy, the head of each household makes the fundamental economic choices such as
what to produce and how to produce output.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q122: The fundamental economic question regarding the distribution

Q123: According to the concept of the "invisible

Q124: Central planning in the Soviet Union and

Q125: Quantitative measures of managerial success, such as

Q126: The main characteristics of a modern market

Q128: According to the circular flow model of

Q129: Specialization may expand total output even though

Q130: Refer to the provided figure. If box

Q131: Which of the following would not be

Q132: The market economy is regarded as "efficient"

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines