Multiple Choice
Which of the following statements does not apply to a market economy?
A) Firms decide whom to hire and what to produce.
B) The "invisible hand" usually maximizes the wellbeing of society as a whole.
C) Households decide which firms to work for and what to buy with their incomes.
D) Government policies are the primary forces that guide the decisions of firms and households.
Correct Answer:

Verified
Correct Answer:
Verified
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