In a planned economy, such as China, some industries are under the direct control of the government while other industries are free to make pricing and production decisions based on market demand

Indicate whether this statement is true or false.

Answer: FALSE

Business

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The mode is used to estimate the average when the data have been collected using an interval or ratio scale

Indicate whether the statement is true or false

Business

It is fair to say that in the 21st century, the Internet has become a medium for ________

A) consumer activism B) consumer legal action C) consumer e-mail campaigns D) governments to advance new products

Business