Business

Roman

8 June, 07:18

Which of the following is NOT true about a command economy?

The means of production are publicly owned.

Markets determine supply, demand, and price.

Production goals are decided by the government.

Economic activity is controlled by the central government.

Distribution of raw materials is decided by the government.

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Which of the following is NOT true about a command economy? The means of production are publicly owned. Markets determine supply, demand, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Of the major forms of business ownership in the united states, this is the most difficult to form

What is the compliment that you have been paid that you are most proud of? who gave you the compliment?

In Fine Fettle is considering three different options for selling its new product: a. warehouse clubs, b. supermarkets, and c. high-end health food markets.

The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. will be downward-sloping if there are diminishing returns to the variable input. c.

As a general rule what percentage of debt to gdp will make a government bond yields spike

New Questions in Business

Use the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. $26,500 invested at 3.85 % annual interest for 2 years compounded (a) daily (n equals 365); (b) continuously

Who or what is responsible for bringing together scarce resources to produce most of the goods and services in the u. s.?

Southland Company is preparing a cash budget for August. The company has $17,500 cash at the beginning of August and anticipates $121,800 in cash receipts and $135,500 in cash disbursements during August.

A domino is a rectangular tile composed of two squares. An integer is represented on both squares, and each integer 0-9 is paired with every integer 0-9 exactly once to form a complete set.

Shelly Moyer has been granted a mortgage loan at an annual interest rate of 6% for 20 years. The home has a selling price of $170,000. The bank requires a 20% down payment. What are Shelly's closing costs including the down payment?