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How Are the Fundamental Economic Decisions Determined in China

Question 122

Multiple Choice

How are the fundamental economic decisions determined in China?


A) Individuals, firms, and the government interact in a market to make these economic decisions.
B) These decisions are made by the country's elders who have had much experience in answering these questions.
C) The government decides because China is a centrally planned economy.
D) The United Nations decides because China is a developing economy.

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