Homework Answers
The more the market-oriented activities are, the less the interference of government in consumption and production decisions and vice versa.
The more the command-oriented activities are, the more the interference of government in consumption and production decisions and vice versa.
The correct order is as follows:
MARKET-ORIENTED ACTIVITIES
-buyers and sellers make all production/consumption decisions
-the government attempts to induce certain production/consumption
decisions using monetary incentives
-the government regulates some production/consumption
decisions
-the government makes all production/consumption decisions
COMMAND-ORIENTED ACTIVITIES
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