Markets Perform All of the Following Functions Except

question 77

Multiple Choice

Markets perform all of the following functions except:

• A) helping firms decide how to produce.
• B) helping firms decide what to produce.
• C) determining the prices of goods and services.
• D) determining why a firm chooses to produce cars.

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Definitions:

Prejudiced Employer

An employer who discriminates against potential or current employees based on personal biases unrelated to job performance.

TANF Program

The Temporary Assistance for Needy Families program, a federal assistance program designed to help needy families achieve self-sufficiency.

Culture Of Poverty

A social theory that suggests poverty creates a unique set of values, beliefs, and behaviors that perpetuate the condition across generations.

Earned-Income Tax Credit

A refundable tax credit for low- to moderate-income working individuals and families, particularly those with children.