How does a market economy reward people?
A) according to their need for goods and services
B) according to their willingness to work
C) according to their ability to produce things that other people are willing to pay for
D) according to their ability to produce things of cultural importance
Correct Answer:
Verified
Q115: What happens when the government prevents prices
Q116: When was Adam Smith's book The Wealth
Q117: What is one necessary role of government
Q118: How does the invisible hand direct economic
Q119: Why do taxes adversely affect the allocation
Q121: According to an economic principle, what is
Q122: Which term refers to a single entity
Q123: What term refers to a situation in
Q124: What is an example of an externality?
A)
Q125: Which of the following is NOT a
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