Which of the Following Is True in a Market Economy

question 16

Multiple Choice

Which of the following is true in a market economy?

• A) Central planners determine answers to the basic economic questions.
• B) Resources are used efficiently.
• C) The distribution of wealth is equal.
• D) Information for production and distribution decisions pass directly to buyers from the government.

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Definitions:

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs and emotions about oneself.

Anxious

Feeling worried, uneasy, or nervous about an uncertain outcome or future event.

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A set of written questions used to collect information from respondents, typically in research or surveys.

Behavioral Observations

The systematic recording and analysis of actions and behaviors in a natural or controlled setting.