"For Whom Is a Given Mix of Goods and Services

question 165

Multiple Choice

"For whom is a given mix of goods and services to be produced? How, in other words, are the society's outputs to be distributed among its members?" In a market economy, this question is resolved primarily in the

• A)public sector through the mechanism of central planning.
• B)business sector through the mechanism of advertising.
• C)private sector through the earning and spending of income.
• D)money market through borrowing and saving by households and businesses.

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Definitions:

Rigid And Repetitive Behavior

Patterns of behavior that are inflexible and consistently repeated, often seen in autism spectrum disorders.

Echolalia

The involuntary and repetitive mimicry or imitation of the vocalizations made by another person.

Neologism

A made-up word that has meaning only to the person using it.

Pronominal Reversal

The use of pronouns in a way contrary to the conventional norms, often seen in language development disorders.