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Which of the Following Is NOT True of a Market

Question 80

Multiple Choice

Which of the following is NOT true of a market economy?


A) In its pure form, it is also known as a laissez-faire economy.
B) Decisions are regulated by a central agency.
C) The interaction between buyers and sellers answers the basic economic questions of what gets produced, how it gets produced, and who gets it.
D) It relies on millions of individual economic decisions to determine economic outcomes.

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