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In a market economy, prices are efficiently determined by the interaction of supply and demand, resulting in an equilibrium price at which ... Abeka English Literature Test 8. 38 terms. Starry_Pine. Preview. abeka english 12 appendix quiz R. 5 terms. Bellababy119. Preview. Maternal Health Program. savings account. An account that allows checks to be written up to the dollar amount deposited in the account. transaction account. Study with Quizlet and memorize flashcards containing terms like A ______ is a person who borrows money or capital, A certificate of deposit is a type of _______ account, A checking account is a form of ... True. Consumers in a free market economy constantly send market symbols to let producers know how much of a good to produce at a given price. Signals. The private sector is controlled by national, state, and local governments. Public. In a command economy the consumers determine what goods are to be produced and in what quantity. Free enterprise. 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