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    Microeconomics Study Set 45
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    Exam 2: The Market System and the Circular Flow
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    Which of the Following Is a Fundamental Characteristic of the Market
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Which of the Following Is a Fundamental Characteristic of the Market

Question 226

Question 226

Multiple Choice

Which of the following is a fundamental characteristic of the market system?


A) property rights
B) central planning by government
C) unselfish behavior
D) government-set wages and prices

Correct Answer:

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