In a laissez-faire economy, ________ what gets produced, how it is produced, and who gets it.
A) the behavior of buyers and sellers determines
B) the central government authority determines
C) firms but not consumers determine
D) consumers but not firms determine
Correct Answer:
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Q193: The basic coordinating mechanism in a free-market
Q194: Which of the following statements is true
Q195: Which of the following is true of
Q196: In a laissez-faire economy
A) individual people and
Q197: Which of the following statements is false?
A)
Q199: Which of the following statements is true?
A)
Q200: An institution through which buyers and sellers
Q201: In which system are decisions made by
Q202: In a _, the amount of output
Q203: Price is the coordinating mechanism in a
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