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Suppose an Economy Consists of Two Sectors: a Manufacturing Sector

Question 85

Multiple Choice

Suppose an economy consists of two sectors: a manufacturing sector and a modern agricultural sector in which most of the crops that are grown are sold for cash. Such an economy:


A) would be considered a dual economy.
B) would not necessarily be considered a dual economy.
C) might be considered a dual economy if its institutions are underdeveloped.
D) might be considered a dual economy if its political system lacks institutional checks and balances.

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