Multiple Choice
How are decisions about production made in a market economy?
A) By a command system
B) According to tradition
C) Through a price system
D) By executive fiat
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q86: Demand may be expressed as an individual
Q87: Which is/are the policy option(s) to counteract
Q88: .In microeconomics, the household is defined as<br>A)
Q89: The inordinate growth of government is a
Q90: It is correct to say that the
Q92: Total planned OR desired spending in the
Q93: What is meant by the public sector?<br>A)
Q94: What is the Phillips curve?<br>A) a reference
Q95: Demand and supply curves:<br>A) simplify the analysis
Q96: Income received by households that is not