Which of the following statements does not apply to a market economy?
A. Firms decide whom to hire and what to produce.
B. Firms aim at maximizing profits.
C. Households decide which firms to work for and what to buy with their incomes.
D. Government policies are the pri-mary forces that guide the deci-sions of firms and households.
Answer:D
Which of the following statements does not apply to a market economy?
A. Firms decide whom to hire and what to produce. B. Firms aim at maximizing profits. C. Households decide which firms to work for and what to buy with their incomes. D. Government policies are the pri-mary forces that guide the deci-sions of firms and households.