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    Introduction to Business
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    Exam 3: Economics: The Framework for Business
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    In Which Type of System Are Both Producers and Consumers
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In Which Type of System Are Both Producers and Consumers

Question 16

Question 16

Multiple Choice

In which type of system are both producers and consumers free to make their own economic decisions on many basic issues?


A) mercantilism
B) capitalism
C) socialism
D) communism

Correct Answer:

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