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Central Problems & the PPC · Question 73 of 87

Question 73

EasyOriginal question

In a market economy, the central problems are solved mainly by

Options for question 73

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. In a market economy buyers and sellers act freely, and the prices that result guide what, how and for whom.

Concept
Market economy
Typical time
40 s
Your time
—
The rule this testsEconomic systems; positive and normative
Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.

Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.