Author Question: Central planning is a key characteristic of which economic system? A) free market B) price ... (Read 49 times)

renzo156

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Central planning is a key characteristic of which economic system?
 
  A) free market
  B) price system
  C) command and control
  D) mixed economic system

Question 2

The law of demand states that there is
 
  A) an inverse relationship between income and quantity demanded, ceteris paribus.
  B) a direct relationship between income and quantity demanded, ceteris paribus.
  C) no relationship between taste and quantity demanded, ceteris paribus.
  D) an inverse relationship between price and quantity demanded, ceteris paribus.


qytan

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Answer to Question 1

C

Answer to Question 2

D



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