Which of the Following Statements Is True for a Command

question 49

Multiple Choice

Which of the following statements is true for a command economy?

• A) Consumers have no choice concerning what they buy.
• B) Manufacturers decide what is produced.
• C) The amount of a good supplied always equals the amount of the good demanded.
• D) The state decides how to distribute what is produced.

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Definitions:

Intelligence Scores

Quantitative measures obtained from cognitive tests that aim to assess an individual's intellectual abilities compared to the general population.

Variability

The degree to which scores in a set of data are spread out or dispersed, indicating the diversity or difference in a group of observations.

Heritability

a statistic that indicates what proportion of the variation in a trait within a population can be attributed to genetic differences among individuals.

IQ Scores

Standardized measurements of a person's cognitive abilities and potential in comparison to a population.