Question

Each of the following is a TRUE statement except: A. No nation has a pure market economy. B. The black market appears in every nation. C. Communist nations have a total command economy. D. A mixed market is the world’s most common economic system.

Answer 1

B. because all black markets doesn't appears in every nations .

Answer 2

The correct answer is A) No nation has a pure market economy.

Each of the following is a TRUE statement except: "No nation has a pure market economy."

The other statements are true. The black market appears in every nation. For many reasons goods are sold in the black market when cannot be found in the regular markets. But of course, prices are more expensive. Communist nations have a total command economy. Yes, in this kind of economy, the government decides the products that are going to be produced, the amount of production and the price of the products. And a mixed market is the world’s most common economic system because is what best serves the interests of the markey¿t and the nation.