Which statement best describes a pure market economy? – Q/A (Question and Answer)
Question
Which statement best describes a pure market economy? – Q/A (Question and Answer)
Test Answer
a. Producer intervention in economic choices is strictly forbidden. b. The government determines economic choices and makes most decisions. c. The decisions made by producers and consumers drive all economic choices. d. Producers and consumers make some economic choices while the government makes others.
Answer:
c. The decisions made by producers and consumers drive all economic choices.
Recource Foundations Of Economics
Unlock this answer
Join StudyHippo to unlock
unlock
