Which of the Following Is Most Typical of a Command

question 7

Multiple Choice

Which of the following is most typical of a command economy?

• A)Consumers have choices of many substitutes for any given product.
• B)Quality of products and services tends to be consistent.
• C)The prices of goods and services frequently change.
• D)Many products are usually in short supply.

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Definitions:

Dividend Income

Income received from owning shares of stock or mutual funds, which represents a portion of the company's profits distributed to its shareholders.

Domestic Corporation

A corporation that is incorporated under the laws of a specific country and conducts its operations primarily within that country.

Tax Returns

Tax returns are forms filed with taxing authorities that report income, expenses, and other pertinent tax information.

Corporate Tax

A tax imposed on the income or profit of corporations and businesses by the government.