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    Economics Contemporary Issues
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    Exam 2: An Introduction to Economic Systems and the Workings of the Price System
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    In a Market System
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In a Market System

Question 40

Question 40

Multiple Choice

In a market system:


A) people do not have to generally agree and obey laws.
B) no informal rules of conduct are required.
C) private property rights are defined, established, and protected by law.
D) very few ownership structures must be created.

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