In a ________, the amount of output that any one household gets depends on its income and wealth.
A) Marxist economy
B) socialist economy
C) command system
D) free-market system

Question

Quizplus · Accepted Answer

In a free-market system, the amount of goods and services a household can obtain is directly related to its income and wealth, as prices are determined by supply and demand without direct government intervention.

In a ________, the Amount of Output That Any One