A free market is one in which decisions about what to produce and in what quantities are made by
A) the Fed.
B) the president.
C) the market.
D) Congress.

Question

Quizplus · Accepted Answer

In a free market, decisions about what to produce and in what quantities are made by the market, which refers to the collective actions of buyers and sellers. There is no central authority, such as the Fed, president, or Congress, that dictates what should be produced or in what quantities.

A Free Market Is One in Which Decisions About What