In a Command Economy, the Three Economic Questions Are Answered

question 68

Multiple Choice

In a command economy, the three economic questions are answered by which of the following? ​

• A) ​The production and consumption choices made by sellers and buyers in decentralized markets.
• B) ​A cartel of major transnational corporations, government agencies, and consumer advocates.
• C) ​A trilateral commission of major corporations, elected officials, and economists.
• D) ​A central authority such as a peoples' committee or a dictator.

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Definitions:

Genetic Makeup

The combination of genes or genetic information in an individual.

Negative Emotions

Emotions that are generally associated with unpleasant feelings or experiences, such as sadness, anger, fear, and guilt.

Depression

A mood disorder characterized by persistent feelings of sadness, loss, and a lack of interest in daily activities.

Pervasive Sadness

A deep, widespread feeling of sorrow and unhappiness that is persistent and affects most aspects of an individual's life.