Which of the following serve as the language of the market system?
A)Monetary and fiscal policies
B)Volatility
C)Market prices
D)Lawsuits

Question

Which of the following serve as the language of the market system?
A)​Monetary and fiscal policies
B)​Volatility
C)​Market prices
D)​Lawsuits

Quizplus · Accepted Answer

Market prices serve as the language of the market system as they convey information about supply and demand, as well as the value that consumers and producers assign to goods and services. Monetary and fiscal policies may influence market prices, but they are not the language of the market system. Volatility and lawsuits are not language of the market system, but rather factors that can affect the functioning of the market system.

Which of the Following Serve as the Language of the Market