Which statement about economic systems is usually correct: Select one Oa The market system is based on central planning by governments O All courntries need an economic system to make decisions about how resources will be used O cina planned economy the allocation of resources is determined mainly by the market O din market systems productive resources are predominantly owned by the government

Economics Today and Tomorrow, Student Edition
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Chapter1: What Is Economics
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Which statement about economic systems is usually correct:
Select one
a The market system is based on central planning by governments
O bAll countries need an economic system to make decisions about how resources will be used
cina planned economy the allocation of resources is determined mainly by the market
O d in market systems productive resources are predominantly owned by the government
Transcribed Image Text:Which statement about economic systems is usually correct: Select one a The market system is based on central planning by governments O bAll countries need an economic system to make decisions about how resources will be used cina planned economy the allocation of resources is determined mainly by the market O d in market systems productive resources are predominantly owned by the government
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