Solved

Identify the Incorrect Statement About Market-Directed Economies

Question 320

Multiple Choice

Identify the incorrect statement about market-directed economies.


A) A market-directed economy adjusts itself.
B) The American economy is completely market-directed.
C) Consumers in a market-directed economy decide what is to be produced and by whom-through their dollar "votes."
D) Consumers in a market-directed economy enjoy great freedom of choice.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions