Which of the Following Is a Characteristic of a Pure

question 148

Multiple Choice

Which of the following is a characteristic of a pure command economy?

• A)All resources are privately owned.
• B)Economic activity is coordinated by the price system.
• C)Competitive markets guide resources to their highest-valued uses.
• D)Centralized economic planning is used to answer the basic economic questions.
• E)Economic choices are voluntary and are based on rational self-interest.

---

Definitions:

Parathyroid Hormone

A hormone produced by the parathyroid glands that regulates calcium levels in a person’s body.

Calcium Release

The process by which calcium ions are released from cellular storage sites, playing a critical role in various physiological functions.

Formal Authority

The power granted to an individual within an organization through their position, allowing them to make decisions and enforce rules.