PrepTest 67, Section 3, Question 10
Economist: In free market systems, the primary responsibility of corporate executives is to determine a nation's industrial technology, the pattern of work organization, location of industry, and resource allocation. They also are the decision makers, though subject to significant consumer control, on what is to be produced and in what quantities. In short, a large category of major decisions is turned over to business executives. Thus, business executives have become public officials.
Economist: In free market systems, the primary responsibility of corporate executives is to determine a nation's industrial technology, the pattern of work organization, location of industry, and resource allocation. They also are the decision makers, though subject to significant consumer control, on what is to be produced and in what quantities. In short, a large category of major decisions is turned over to business executives. Thus, business executives have become public officials.
Economist: In free market systems, the primary responsibility of corporate executives is to determine a nation's industrial technology, the pattern of work organization, location of industry, and resource allocation. They also are the decision makers, though subject to significant consumer control, on what is to be produced and in what quantities. In short, a large category of major decisions is turned over to business executives. Thus, business executives have become public officials.
Economist: In free market systems, the primary responsibility of corporate executives is to determine a nation's industrial technology, the pattern of work organization, location of industry, and resource allocation. They also are the decision makers, though subject to significant consumer control, on what is to be produced and in what quantities. In short, a large category of major decisions is turned over to business executives. Thus, business executives have become public officials.
Which one of the following, if true, most weakens the economist's argument?
Most of the decisions made by business executives in free market systems are made by the government in countries with centrally planned economies.
Making decisions about patterns of work organization, resource allocation, and location of industry is not the core of a public official's job.
The salaries of business executives are commensurate with the salaries of high-ranking public officials.
What a country produces and in what quantities is not always completely controlled by corporate executives.
Public officials and business executives often cooperate in making decisions of national importance.
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