Which of the following statements is FALSE?
A) Economists support free and competitive markets.
B) Economists are skeptical about price controls and tariffs.
C) Economists favor command and control regulation.
D) Economists oppose super-high inflation rates.

Question

Quizplus · Accepted Answer

Economists generally do not favor command and control regulation as it can lead to inefficiencies and unintended consequences. They often suggest market-based approaches such as taxes or subsidies to address negative externalities or promote desired behaviors.

Which of the Following Statements Is FALSE