A characteristic of the market system is:
A)extensive use of price controls.
B)extensive use of barter.
C)extensive use of capital goods.
D)low interest rates.

Question

Quizplus · Accepted Answer

The market system is characterized by extensive use of capital goods - this includes machinery, equipment, and infrastructure used in the production and distribution of goods and services. Price controls and barter are not typically associated with a market system, and interest rates can vary independently of the market system.

A Characteristic of the Market System Is