Which of the Following Is NOT a Function of Prices

question 115

Multiple Choice

Which of the following is NOT a function of prices in a market system?

• A)prices have the crucial job of balancing supply and demand
• B)prices send signals to buyers and sellers to help them make rational economic decisions
• C)prices coordinate economic activity
• D)prices make an equitable distribution of goods and services among consumers possible

Identify the planning horizons and their relevance to organizational strategies.

Distinguish between strategic, intermediate, and operational planning.

Understand how credit scores influence loan interest rates and total payment differences.

Calculate monthly periodic rates and total interest on various loans.

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Definitions:

Citizens United

A landmark U.S. Supreme Court case that ruled in favor of allowing corporations and unions to spend unlimited amounts of money on political campaigns.

Campaign Expenditures

The amount of money spent on political campaigns for advertising, outreach, and other activities intended to influence election outcomes.

Fundamentalist

A person or belief system advocating for a return to what they perceive as the essential or foundational principles of their religion or ideology, often with a rejection of modern interpretations and innovations.

Evangelical

Describes a movement within Protestant Christianity emphasizing the authority of the Bible, personal conversion, and the importance of sharing the faith.