According to Baumol, Blinder, and Solow, recognition of the usefulness of markets
A)labels a person as an apologist (defender) of capital.
B)extends to some socialist countries, for example, China.
C)should make totally free markets good for any society.
D)makes one a radical.

Question

Quizplus · Accepted Answer

According to Baumol, Blinder, and Solow, recognition of the usefulness of markets extends to some socialist countries like China. This does not necessarily mean that one is an apologist of capital or a radical, nor does it imply that totally free markets are good for any society.

According to Baumol, Blinder, and Solow, Recognition of the Usefulness