Which of the Following Statements Is False

question 153

Multiple Choice

Which of the following statements is false?

• A)Critics feel that wage and price controls interfere with the price mechanism.
• B)Sweden has one of the world's most equal distributions of income,but also has a relatively low standard of living.
• C)In the former Soviet Union,most of the crops were produced on collective farms.
• D)The price system is based on supply and demanD.

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