Statement 1: in market economies, governments frequently take over failing businesses whose continuing operation is deemed critical to national interests Statement 2 In mixed economics, governments are more likely to take failing businesses into state control if they are deemed critical to national interests Statement 3 all products activity in market economies are privately held Staement 4 a countries commodities and services are planned by the government under command economies Which of the following is true? Group of choices: ST 2,3 and 4 all True ST2,3 and 4 False Only ST 1 True Only ST 4 True None of the choices
Statement 1: in market economies, governments frequently take over failing businesses whose continuing operation is deemed critical to national interests Statement 2 In mixed economics, governments are more likely to take failing businesses into state control if they are deemed critical to national interests Statement 3 all products activity in market economies are privately held Staement 4 a countries commodities and services are planned by the government under command economies Which of the following is true? Group of choices: ST 2,3 and 4 all True ST2,3 and 4 False Only ST 1 True Only ST 4 True None of the choices
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Statement 1: in market economies, governments frequently take over failing businesses whose continuing operation is deemed critical to national interests
Statement 2 In mixed economics, governments are more likely to take failing businesses into state control if they are deemed critical to national interests
Statement 3 all products activity in market economies are privately held
Staement 4 a countries commodities and services are planned by the government under command economies
Which of the following is true?
Group of choices:
- ST 2,3 and 4 all True
- ST2,3 and 4 False
- Only ST 1 True
- Only ST 4 True
- None of the choices
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