Which of the Following Statements Is FALSE

question 81

Multiple Choice

Which of the following statements is FALSE?

• A)Economists support free and competitive markets.
• B)Economists are skeptical about price controls and tariffs.
• C)Economists favor command and control regulation.(True Answer )Correct
• D)Economists oppose super-high inflation rates.

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Definitions:

Marketing Ethics

The principles and standards that guide the behavior and decision-making processes of marketing professionals to promote honesty, fairness, and responsibility.

Government Regulators

Authorities or agencies that enforce laws, guidelines, and standards across various sectors to protect public interest.

Codes Of Conduct

Formalized rules and guidelines that describe ethical standards and expected behaviors for organizations or professions.

Ethical And Socially Responsible

Adhering to moral principles and considering the impact on society and the environment in decision-making processes.