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:

Déjà Vu

The eerie and often unsettling feeling of having previously experienced a situation or moment that is currently happening.

Subliminally Flashed

Pertains to stimuli presented below the threshold of conscious perception, often used in psychological experiments to explore the unconscious mind.

Memory Distortion

the alteration or incorrect recall of memories, often influenced by subsequent information, experiences, or the passage of time.

False Memories

This involves the recall of events that did not actually happen, often influenced by suggestion or the merging of actual memories with misinformation.