Solved

Identify the Incorrect Statement About Market-Directed Economies

Question 280

Multiple Choice

Identify the incorrect statement about market-directed economies.


A) A market-directed economy adjusts itself.
B) The American economy is completely market-directed.
C) Consumers in a market-directed economy decide what is to be produced and by whom-through their dollar "votes."
D) Consumers in a market-directed economy enjoy great freedom of choice.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents