Multiple Choice
In a market economy, the patterns of resource allocation are most directly influenced by ________.
A) government administrators who monitor the equilibrium of supply and demand
B) industry coalitions that strive to improve the efficiency of production and service
C) consumer group alliances that negotiate with firms to improve product quality
D) consumers who "vote" by their personal decision to buy or not buy products
Correct Answer:

Verified
Correct Answer:
Verified
Q3: The collapse of communism in the late
Q4: An economic system is the set of
Q5: Presently, which of the following countries is
Q6: Since the late 1980s, the growing emergence
Q7: Which of the following is most typical
Q9: Which of the following is NOT a
Q10: Why is economic freedom an important factor
Q11: What is meant by the idea of
Q12: Which of the following calls for economic
Q13: Gross national income (GNI), the broadest measure