Multiple Choice
Which of the following statements is NOT true for a command economy?
A) Consumers have some choices concerning what they buy.
B) The government decides what is produced.
C) The amount of a good supplied always equals the amount of the good demanded.
D) The state decides how to distribute what is produced.
Correct Answer:

Verified
Correct Answer:
Verified
Q66: The idea that consumers ultimately dictate what
Q67: The government produces only what the market
Q71: Which of the following does NOT constitute
Q73: When two people trade, one must lose.
Q75: Related to the Economics in Practice on
Q94: An economy in which individual people and
Q108: Refer to the information provided in Figure
Q116: Refer to the information provided in Figure
Q145: When two people trade,<br>A) both of them
Q181: Refer to the information provided in Figure