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    3. Economics
    4. Welfare Economics
    5. In a ________ economy, all important economic activities are determined by the government.

    Question

    In a ________ economy, all important economic

    activities are determined by the government.
    A market Correct Answer Incorrect Answer
    B global Correct Answer Incorrect Answer
    C macro Correct Answer Incorrect Answer
    D centrally planned Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next
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    • Which of the following statements is correct?

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      II. If x + y = 48 an...

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