Consumer sovereignty means that consumers vote with their dollars ...

[washai]

Consumer sovereignty means that consumers vote with their dollars in a market economy, which helps determine what is produced.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Why is China still poor in per capita terms despite having the second-largest economy in the world in terms of real GDP?

[Benayers]

Answer to Question 1

True

Answer to Question 2

China has over 1 billion people. The huge population explains the low per capita income despite having the second-largest economy in the world.

[washai]

TYSM

[amandalm]

Thanks for the timely response, appreciate it