An Economic System That Relies Primarily Upon Custom and Habit

question 10

Multiple Choice

An economic system that relies primarily upon custom and habit in economic decision making is a

• A)mixed system.
• B)market system.
• C)traditional system.
• D)communist system.
• E)command system.

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Definitions:

Reliability

The degree to which an assessment tool produces stable and consistent results.

Correlation

A mathematical indicator showing how much two or more variables change in relation to each other.

Test Scores

Numerical representations of an individual's performance on standardized tests or examinations.

Leader-member Relations

The nature and quality of the interactions and relationships between leaders and their followers within an organization.