Who Is in Charge of a Market Economy? That Is

question 75

Multiple Choice

Who is in charge of a market economy? That is, what agents and factors are the most important in determining market outcomes?

• A)Large companies.
• B)Congress and the president.
• C)Consumers alone.
• D)All producers.
• E)Consumers and technology.

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Definitions:

Crystalline Rock

Rock characterized by the presence of crystals or a granular texture, typically formed through the cooling and solidification of magma or lava.

Clastic Rock

is a type of sedimentary rock that is composed of fragments of pre-existing rocks.

Human-Made

Created, caused, or influenced by humans rather than occurring in nature; synthetic or artificial.

Crystalline Solid

A solid material whose constituents, such as atoms, molecules, or ions, are arranged in an orderly repeating pattern.