Which of the following is not true of a market-based economy?

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Which of the following is not true of a market-based economy?

Which of the following is not true of a market-based economy?

A. Markets determine prices, and prices guide decisions about what and how much to buy and sell.
B. Decisions are regulated by a central agency.
C. The interaction between buyers and sellers answers the basic economic questions of what gets produced, how it gets produced, and who consumes what is produced.
D. The economy relies on individual decision makers acting in their own self-interest.

2006-12-21 10:28:13 · 3 answers · asked by ~daweed~ 3 in Education & Reference ➔ Higher Education (University +)

3 answers

2006-12-21 10:29:21 · answer #1 · answered by Modus Operandi 6 · 0⤊ 0⤋

B and D, you silly monkey.....

2006-12-21 10:31:13 · answer #2 · answered by glassnegman 5 · 0⤊ 0⤋

2006-12-21 10:30:50 · answer #3 · answered by humorist_4_u 3 · 0⤊ 0⤋