hich of the below statements is INCORRECT about about a specific market economy such as the U.S. (America), or market economies in general? Group of answer choices In market economies government bureaucrats direct everything from the number of bars of soap a factory can produce to the number who students who may study electrical engineering. Complex economies in which billions of transactions every day, the vast majority of which happen withou any direct government involvement. In the twentieth century in one market economy life expectancy increased from forty-seven years to seventy-seven, and infant mortality plunged by 93%..
hich of the below statements is INCORRECT about about a specific market economy such as the U.S. (America), or market economies in general? Group of answer choices In market economies government bureaucrats direct everything from the number of bars of soap a factory can produce to the number who students who may study electrical engineering. Complex economies in which billions of transactions every day, the vast majority of which happen withou any direct government involvement. In the twentieth century in one market economy life expectancy increased from forty-seven years to seventy-seven, and infant mortality plunged by 93%..
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the below statements is INCORRECT about about a specific market economy such as the U.S. (America), or market economies in general?
Group of answer choices
In market economies government bureaucrats direct everything from the number of bars of soap a factory can produce to the number who students who may study electrical engineering.
Complex economies in which billions of transactions every day, the vast majority of which happen withou any direct government involvement.
In the twentieth century in one market economy life expectancy increased from forty-seven years to seventy-seven, and infant mortality plunged by 93%..
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