menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 2: B: The Market System and the Circular Flow
  5. Question
    Which of the Following Is Unique to a Market Economy
Solved

Which of the Following Is Unique to a Market Economy

Question 79

Question 79

Multiple Choice

Which of the following is unique to a market economy system?


A) the extensive use of capital goods
B) private ownership of property resources
C) specialization
D) the use of money

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q74: In the circular flow model:<br>A)households supply factors

Q75: Which fundamental question about a competitive market

Q76: Labour, land, and capital are examples of:<br>A)factors

Q77: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the

Q78: In a market economy the distribution of

Q80: The basic reason for the production of

Q81: Specialization and trade are beneficial to society

Q82: Which of the following economic systems are

Q83: In the circular flow diagram, revenues and

Q84: The market system is an economic system

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines