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In the Market System, the Statement of "Wages, Interest, Rent

Question 61

Multiple Choice

In the market system, the statement of "Wages, interest, rent, and profit are crucial determinants of the size of each person's income." is an indication of:


A) What will be produced?
B) How will the goods and services be produced?
C) Who will get the output?
D) How will the system accommodate change?

Correct Answer:

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