Introduction to Economics Unit Test
10 of 2110 of 21 Items
Question
How does a pure command economy answer the basic question of which goods and services should be produced?(1 point)
Responses
The producers decide what should be produced.
The producers decide what should be produced.
The government decides what should be produced.
The government decides what should be produced.
The law of supply and demand drives this choice.
The law of supply and demand drives this choice.
The consumers decide what should be
produced.
How does a pure command economy answer the basic question of which goods and services should be produced?(1 point)
Responses
The producers decide what should be produced.
The producers decide what should be produced.
The government decides what should be produced.
The government decides what should be produced.
The law of supply and demand drives this choice.
The law of supply and demand drives this choice.
The consumers decide what should be produced.