Susan Montgomery works at an institutional bakery and is paid a wage dictated by the government. She does not like her job but is not allowed other options. Susan must purchase necessities for her family at fixed prices. The country Susan lives in can be described as a ____ economy.
A) demand
B) command
C) market
D) free-enterprise
E) capitalist
Correct Answer:
Verified
Q86: A system where the basic economic questions
Q87: An example of a command economy is
A)
Q88: Households provide all of the following resources
Q89: Which of the following is uncharacteristic of
Q90: All of the following are characteristics of
Q92: The government uses tax dollars to
A) invest
Q93: Which economist has been called the father
Q94: The nationalization of key industries in countries
Q95: France, a socialist economy, does not have
Q96: In a socialist economy, key industries owned
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents