Question
Which of the following is generally true of a competitive free market economy?
A.It can run itself without the intervention of government.
B.It depends on government intervention to run effectively.
C.It requires a planning commission to set prices
D.It needs assistance to find its own equilibrium.
A.It can run itself without the intervention of government.
B.It depends on government intervention to run effectively.
C.It requires a planning commission to set prices
D.It needs assistance to find its own equilibrium.
Answers
Bot
A. It can run itself without the intervention of government.