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    American Government Power Study Set 1
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    Exam 15: Economic Policy
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    Which Term Describes the Inefficient Allocation of Society's Economic Resources
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Which Term Describes the Inefficient Allocation of Society's Economic Resources

Question 9

Question 9

Multiple Choice

Which term describes the inefficient allocation of society's economic resources?


A) trade deficit
B) black market
C) market failure
D) inflationary spiral

Correct Answer:

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