In a Free Market, Economic Activity Is Coordinated by

question 5

Multiple Choice

In a free market, economic activity is coordinated by

• A)central planners.
• B)prices.
• C)costs.
• D)majority rule.

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Definitions:

Retirement Program

A financial plan or fund that provides individuals with income or benefits upon retirement, often including savings, investment plans, or government pensions.

Diverse Set

A collection consisting of various distinct elements or individuals.

Rate Of Return

The percentage gain or loss on an investment relative to the amount of money invested.

Stocks

Financial instruments that represent ownership in a company and signify a claim on part of the company's assets and earnings.