Which statement is false? Under our economic system, most of the important decis

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Which statement is false? Under our economic system, most of the important decisions are made in the market place. In our economy the price mechanism typically determines the answers to our three basic questions-what, how, and for whom. Most economists would agree that the price system usually leads to a very efficient allocation of resources. None of these statements are false Under our economic system, most of the important decisions are made in the market place. In our economy the price mechanism typically determines the answers to our three basic questions-what, how, and for whom. Most economists would agree that the price system usually leads to a very efficient allocation of resources. None of these statements are false Under our economic system, most of the important decisions are made in the market place. In our economy the price mechanism typically determines the answers to our three basic questions-what, how, and for whom. Most economists would agree that the price system usually leads to a very efficient allocation of resources. None of these statements are false Under our economic system, most of the important decisions are made in the market place.

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