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    Exam 1: Exploring Economics
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    Which Statement Is NOT a Key Principle of Economics
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Which Statement Is NOT a Key Principle of Economics

Question 248

Question 248

Multiple Choice

Which statement is NOT a key principle of economics?


A) People follow incentives.
B) Productivity determines our standard of living.
C) Rational thinking requires perfect information.
D) Government can sometimes correct market failure.

Correct Answer:

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