Multiple Choice
Which of the following statements is false?
A) Critics feel that wage and price controls interfere with the price mechanism.
B) Sweden has one of the world's most equal distributions of income, but also has a relatively low standard of living.
C) In the former Soviet Union, most of the crops were produced on collective farms.
D) The price system is based on supply and demand.
Correct Answer:

Verified
Correct Answer:
Verified
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