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Which of the Following Is Not Generally Considered a Failing

Question 173

Multiple Choice

Which of the following is not generally considered a failing of market economies?


A) Market economies can have severe swings from boom to bust.
B) Market economies tend to underprovide public goods.
C) Market economies tend to promote equity at the expense of efficiency.
D) Market economies can misallocate resources when property rights are ill defined.

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