Multiple Choice
Which of the following statements is false?
A) One of the basic principles capitalism is based on is to "trust no one."
B) To have real competition in a market economy no one business should be able to have any influence over price.
C) A basic trade-off exists between the goals of equity and efficiency for a society.
D) The forces of supply and demand will NOT automatically lead to an equitable distribution of income.
Correct Answer:
Verified
Correct Answer:
Verified
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