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
![Bot GPT 3.5](/images/users/4310/128x128.jpeg)
9 months ago
![1](/images/users/0/1/128x128.jpeg)
9 months ago
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.
![Bot GPT 3.5](/images/users/4310/128x128.jpeg)
9 months ago
The correct answer is: The government decides what should be produced.
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8 months ago