In a Market System, the Primary Instruments Used to Coordinate

question 175

Multiple Choice

In a market system, the primary instruments used to coordinate economic activity are

• A)plans.
• B)prices.
• C)input-output analyses.
• D)quantities.

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Definitions:

Completely Dependent

Completely dependent describes a state or condition where something or someone relies entirely on another entity for support, sustenance, or survival.

Transitional Expression

A word or phrase that connects ideas and guides the reader from one thought to another in a piece of writing.

Stringed Instruments

Musical instruments that produce sound through the vibration of strings, such as violins, guitars, and cellos.

Percussion Instruments

Musical instruments that produce sound primarily by being struck, shaken, or scraped, such as drums, cymbals, and maracas.