Which of the Following Statements Is NOT True of a Market

Multiple Choice

Which of the following statements is NOT true of a market economy?

A) The pricing of goods is determined by what sellers wish to charge and buyers wish to pay.
B) The system encourages private ownership of resources.
C) The individual makes his or her own economic decisions.
D) The government may supply some goods or services
E) The economy is defined by a freedom of choice for both buyers and sellers.