Economist John Kenneth Galbraith has argued that most prices in our mixed economy are set by
A) a government planning committee.
B) the invisible hand.
C) the nation's largest corporations.
D) consumers voting with their dollars.
Correct Answer:
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Q22: Who said,"It is not the employer who
Q23: In reality,all economic systems are
A)mixed.
B)command.
C)capitalistiC.
D)democratic.
E)socialistic.
Q24: Which statement is most accurate?
A)By the mid
Q25: In a pure capitalist economy,"what to produce"
Q26: The nation closest to a centrally planned,socialist
Q28: Which is true about the means of
Q29: Most economists in the U.S.believe that the
Q30: How did the Soviet model of communism
Q31: Each of these is a basic characteristic
Q32: Which economic system is usually associated with
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