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    Macroeconomics Study Set 68
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    Exam 2: The Market System and the Circular Flow
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    One Major Element of the Command System Is
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One Major Element of the Command System Is

Question 165

Question 165

Multiple Choice

One major element of the command system is


A) an emphasis on private ownership of resources.
B) individual decentralized decision making.
C) reliance on supply-and-demand forces to guide economic activity.
D) central planning conducted by the government.

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