Which would NOT be true in a market economy?
A) Firms decide whom to hire and what to produce.
B) Government policies do not affect the decisions of firms and households.
C) Households decide which firms to work for and what to buy with their incomes.
D) Profit and self-interest guide the decisions of firms and households.
Correct Answer:
Verified
Q79: Stan buys a 1966 Mustang, which he
Q80: Suppose your management professor has been offered
Q81: A friend of yours asks you why
Q83: What does trade between Canada and India
Q85: In a market economy, what guides economic
Q86: What has been the result of laws
Q88: How can Canada benefit from trade?
A)only with
Q89: Which of the following is the best
Q92: What has been one effect of a
Q169: Which is the most accurate statement about
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