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Central Problems & the PPC · Question 77 of 87

Question 77

MediumOriginal question

In a market economy, who gets the goods produced is decided mainly by

Options for question 77

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. In a market, goods go to those willing and able to pay the price.

  2. So 'for whom' is answered by the distribution of income.

Concept
For whom in a market economy
Typical time
70 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.