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