Question
A traditional economy is an economy where
(1 point)
A) economic decisions are made by the government.
B) economic decisions are made by the government for
some resources and are based on supply and demand
forces for others.
C) economic decisions are based on price signals from
supply and demand forces.
D) economic decisions are based on traditions, culture, and
beliefs
(1 point)
A) economic decisions are made by the government.
B) economic decisions are made by the government for
some resources and are based on supply and demand
forces for others.
C) economic decisions are based on price signals from
supply and demand forces.
D) economic decisions are based on traditions, culture, and
beliefs
Answers
GPT 3.5
D) economic decisions are based on traditions, culture, and beliefs