ECONOMIC SYSTEMS 2025/2026
EXAM QUESTIONS AND VERIFIED
SOLUTIONS 100% PASS
What is one characteristic of a command economy?
The government controls the prices of most goods.
In a mixed market economy, who makes most of the daily economic decisions?
individual citizens
Which type of market is the least likely to have an official currency?
traditional economy
In which type of market would you find it the most difficult to buy goods from another country?
closed economy
What type of market is illustrated by this pie chart?
a mixed market economy
Which economic system is supported by this passage's main argument?
command economy
EXAM QUESTIONS AND VERIFIED
SOLUTIONS 100% PASS
What is one characteristic of a command economy?
The government controls the prices of most goods.
In a mixed market economy, who makes most of the daily economic decisions?
individual citizens
Which type of market is the least likely to have an official currency?
traditional economy
In which type of market would you find it the most difficult to buy goods from another country?
closed economy
What type of market is illustrated by this pie chart?
a mixed market economy
Which economic system is supported by this passage's main argument?
command economy
