In a Command System

question 38

Multiple Choice

In a command system:

• A) Self-interest motivates and commands each business firm's decisions and actions
• B) The head of each family decides what to do with the family's resources
• C) The government makes production and allocation decisions
• D) Market traders command what outputs are produced and how they are allocated

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Definitions:

Internal Consistency

Internal consistency measures the reliability of a test based on the correlations between different items on the same test.

Freedom of Information Act

A law that allows for the full or partial disclosure of previously unreleased information and documents controlled by the United States government.

Federal Records

Documents created or received by a government agency that are preserved as evidence of the organization, functions, policies, decisions, procedures, operations, or other activities.

Coefficient Alpha

A reliability coefficient that measures the internal consistency of a test or scale; it is commonly used in psychometrics.