Which Statement Is False

question 107

Multiple Choice

Which statement is false?

• A)Under our economic system,most of the important decisions are made in the market place.
• B)In our economy the price mechanism determines the answers to our three basic questions-what,how,and for whom.
• C)Most economists would agree that the price system leads to a very efficient allocation of resources.
• D)None of these statements are false.

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Definitions:

Performance and Quality

Refers to the level of achievement or excellence in executing tasks or producing goods, often measured against known standards.

Online Personality

The character or persona an individual presents on the internet, particularly on social media platforms or online interactions.

Social Platform

A digital space or service where people can interact, share content, and create communities around common interests.

Online Misinformation

Online misinformation involves the spread of false or misleading information via the internet, often through social media platforms.