Question

This type of economy is also known as capitalism.

a. mixed economy
c. market economy
b. command economy
d. centrally planned economy
User: In a market economy, the government decides what to produce.
User: Which of the following is NOT a key economic question?
a. What goods and services should be produced?
b. How should these goods and services be produced?
c. Who consumes these goods and services?
d. How should it be ensured that goods and services are paid for?

Answer 1

The type of economy that is also known as capitalism would be a "market economy," and it would be "d. How should it be ensured that goods and services are paid for?," that is not a key economic question, since the consumer "answers" this.