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Under a Laissez-Faire System

Question 123

Multiple Choice

Under a laissez-faire system,


A) government coordinates with firms to determine output and prices for goods and services.
B) input-output analysis is used by planning agencies to determine output levels.
C) the demand and supply process determines output and prices of goods and services.
D) firms coordinate with each other to determine output and price levels for goods and services.

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