单选题
A. However, the term is also commonly used for markets in which economic intervention and regulation by the state is limited to tax collection, and enforcement of private ownership and contracts. Free markets differ from situations encountered in controlled markets or a monopoly, which can introduce price deviations without any changes to supply and demand. B. A free-market economy is one within which all markets are unregulated by any parties other than market participants. In its purest form, the government plays a neutral role in its ad ministration and legislation of economic activity, neither limiting it nor actively promoting it. C. By definition, buyers and sellers do not coerce each other, in the sense that they obtain each other's property rights without the use of physical force, threat of physical force, or fraud, nor are they coerced by a third party. D. Where substantial state intervention exists, the market is a mixed economy. Where the state or co-operative association of producers directly manages the economy to achieve stated goals, economic planning is said to be in effect; when economic planning entirely substitutes market activity, the economy is a Command economy. E. The freer the market, the more truly the prices will reflect consumer habits and demands, and the more valuable the information in these prices is to all players in the economy. Through free competition between vendors for the provision of products and services, prices tend to decrease, and quality tends to increase.
单选题
This is the contemporary use of the term "free market" by economists and in popular culture; the term has had other uses historically.
【正确答案】
A
【答案解析】
单选题
The theory holds that within an ideal free market, property rights are voluntarily ex changed at a price arranged solely by the mutual consent of sellers and buyers.
【正确答案】
C
【答案解析】
单选题
By owning economic interests or offering subsidies to businesses.
【正确答案】
B
【答案解析】
单选题
Free markets contrast sharply with controlled markets or regulated markets, in which governments more actively regulate prices and/or supplies.
【正确答案】
D
【答案解析】
单选题
A free market is a competitive market where prices are determined by supply and demand.
【正确答案】
A
【答案解析】
单选题
Advocates of a free market traditionally consider the term to imply that the means of production is under private, and not state control or co-operative ownership.
【正确答案】
A
【答案解析】
单选题
In a free market, the system of prices is the emergent result of a vast number of transactions, rather than of political decrees.
【正确答案】
E
【答案解析】
单选题
A free market is not to be confused with a perfect market where individuals have perfect information and there is perfect competition.