In a market economy, economic activity is guided by
A)the government.
B)public-interest groups.
C)central planners.
D)self-interest and prices.

Name: In a market economy, economic activity is guided by A)the government. B)public-interest groups. C)central planners. D)self-interest and prices.
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Question

Quizplus · Accepted Answer

In a market economy, economic activity is primarily guided by self-interest and prices, which act as signals for the allocation of resources and coordination of economic activities among individuals and firms.

In a Market Economy, Economic Activity Is Guided by