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    Exam 2: Choices and Trade Offs in the Market
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    A Successful Market Economy Requires
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A Successful Market Economy Requires

Question 51

Question 51

Multiple Choice

A successful market economy requires:


A) a government-controlled banking system and government price controls.
B) well-defined property rights and an independent court system to adjudicate disputes based on the law.
C) generous unemployment benefits and paid medical leave for everyone in the labour force.
D) an equitable distribution of income and limits on immigration.

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