The term dollar votes in a market system means
A)inflation will occur if consumers don't spend wisely.
B)voters may be offered dollars to help elect certain political candidates.
C)government is responsible for determining what will be considered legal tender.
D)consumers "vote" for certain products to be produced by how they spend their incomes.

Question

Quizplus · Accepted Answer

Consumers essentially "vote" for the products they want in the market by choosing where to spend their money, influencing which products will be produced and available in the market.

The Term Dollar Votes in a Market System Means