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The American Economy Consists of a Complex Combination of Organizations

Question 103

Multiple Choice

The American economy consists of a complex combination of organizations and variables, such as countless companies differing in size and what they sell, current events, and markets (for example, the housing market and the stock market) . According to ________, all of these independent factors interact with one another according to certain simple rules.


A) complexity theory
B) a closed market system
C) a webbed system
D) contingency theory
E) behavioral theory

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