In
a market economy, economic activity is guided by()
A: the government.
B: corporations.
C: central planners.
D: self-interest and prices.
a market economy, economic activity is guided by()
A: the government.
B: corporations.
C: central planners.
D: self-interest and prices.
举一反三
- The self-interest of the participants in an economy is guided into promoting general economic self-interest by A: oilkonomos B: market power C: government intervention D: the invisible hand
- In a market economy, economic activity is guided by
- Prices<br/>direct economic activity in a market economy by() A: influencing the actions of buyers and<br/>sellers. B: reducing scarcity of the goods and services<br/>produced. C: eliminating the need for government<br/>intervention. D: allocating goods and services in the most<br/>equitable way.
- The<br/>invisible hand refers to() A: how central planners made economic<br/>decisions. B: how the decisions of households and firms<br/>lead to desirable market outcomes. C: the control that large firms have over the<br/>economy. D: government regulations without which the<br/>economy would be less efficient.
- There is a situation in the market economy: the government does not<br/>intervene in the economy at all, this kind of economy is called ( ) A: Weak economy. B: Completely free market economy. C: The government does not intervene in the economy. D: Mixed economy.