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  3. Study Set
    Macroeconomics Study Set 68
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    Exam 2: The Market System and the Circular Flow
  5. Question
    In a Market System, a Consumer's Ability to Pay-But Not
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In a Market System, a Consumer's Ability to Pay-But Not

Question 44

Question 44

True/False

In a market system, a consumer's ability to pay-but not necessarily his willingness to pay-is largely
based on his income.

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