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The Rules of the Game Refer To

Question 11

Multiple Choice

The rules of the game refer to:


A) any factor that facilitates production and exchange,such as tax laws and property rights.
B) a gradual but consistent change in the price level until a fair price is attained.
C) the set of election laws that ensure that all elections are fair.
D) the rules that a firm must follow in order to earn a profit.
E) the requirement that households must supply labor to firms.

Correct Answer:

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