The role of prices in a market economy is to
A) make producers rich at the expense of consumers
B) replicate what society produced in the past
C) determine the allocation of resources
D) enforce what the government chooses
E) force consumers to pay for business profits
Correct Answer:
Verified
Q119: Every economic system requires a means for
Q120: A weakness of the market system of
Q121: An economy is said to be saving
Q122: We say that a particular life saving
Q123: An economic system in which resources are
Q125: Figure 2-13
Total Lives Saved
Q126: In a command system,the decision about what
Q127: The U.S.system of resource ownership
A) is pure
Q128: Productivity efficiency in saving lives
A) is not
Q129: In a market economy,
A) the government primarily
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