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    Macroeconomics Study Set 44
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    Exam 1: Economic Issues and Concepts
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    In the Circular Flow of Income, the Allocation of Resources
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In the Circular Flow of Income, the Allocation of Resources

Question 48

Question 48

Multiple Choice

In the circular flow of income, the allocation of resources is largely decided by


A) central authorities and firms only.
B) individuals only.
C) central authorities only.
D) firms and households acting independently.
E) political parties and firms only.

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