The questions of what to produce, how to produce, and for whom are answered by
A) free-market economies.
B) economies that are a mixture of planning and markets.
C) command economies.
D) all economic systems in some manner.
Correct Answer:
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Q148: In a free-market economy, prices coordinate society's
Q149: In a market economy, goods are allocated
Q150: A factory in a centrally planned economy
Q151: Under laissez-faire, the force that drives the
Q152: The free-market system coordinates output decisions by
Q154: Under laissez-faire, output selection is determined by
A)consumer
Q155: The government's role in a laissez-faire system
Q156: The term "laissez-faire" was given to a
Q157: In a free market, a given unit
Q158: Laissez-faire refers to a situation in which
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