Which of the Following Statements About Economic Systems Is NOT

question 378

Multiple Choice

Which of the following statements about economic systems is NOT true?

• A) Government has less of a role in market-directed economies than in command economies.
• B) A market-directed economy self-adjusts through producer and consumer choices.
• C) Producers always make a profit in a market-directed system.
• D) A command economy is more likely to work if the variety of goods and services is small.
• E) Both market-directed and command economies need a macro-marketing system.

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Definitions:

Theory Of Mind

Ability to attribute mental states to others.

Brain Structures

The various parts of the brain, including the cerebrum, cerebellum, brainstem, and others, each with specific functions that contribute to overall neural operation.

Synesthesia

A condition in which one sensory or cognitive pathway leads to automatic, involuntary experiences in a second sensory or cognitive pathway.

Documented Types

Documented Types could refer to the classification of information, objects, or phenomena based on specific criteria or documentation; however, the context is not clear.