Multiple Choice
In an economy in which decisions are guided by prices and individual self-interest,there is
A) the potential to achieve efficiency in production.
B) a strong need for government intervention in the market.
C) less efficiency than would be observed in a centrally-planned economy.
D) more need for a strong legal system to control individual greed than would be needed in a centrally-planned economy.
Correct Answer:
Verified
Correct Answer:
Verified
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