In a Market-Directed Economy

question 65

Multiple Choice

In a market-directed economy:

• A) marketing managers make all the important economic decisions.
• B) government planners make all the important economic decisions.
• C) all the important economic decisions are made by voters in political elections.
• D) consumers make all the important economic decisions.
• E) the individual decisions of the many producers and consumers make the macro-level decisions for the whole economy.

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Definitions:

Late Blight

A serious disease of potatoes and tomatoes caused by the oomycete Phytophthora infestans, leading to significant crop loss.

Phytophthora

A genus of plant-damaging oomycetes, commonly referred to as water molds, responsible for a range of plant diseases.

Axopods

Long, thin extensions of certain protozoans, such as those in the phylum Actinopoda, used for feeding and movement.

Test

A shell.