Which of the following is true of a market economy? A ) It relies on millions of
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Question:
Which of the following is true of a market economy?
A ) It relies on millions of individual economic decisions todetermine economic outcomes.
B ) The government answers the basic economic questions of whatgets produced, how it gets produced, and who gets it.
C ) Decisions are regulated by a central agency.
D ) In its pure form, it is also known as a command economy.
Related Book For
Advanced Accounting
ISBN: 978-0538480284
11th edition
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
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