Multiple Choice
Which of the following does not describe a pure market economy?
A) The choices of buyers and sellers determine the market prices of goods and services.
B) Prices serve as signals to buyers and sellers.
C) Prices and outputs of most goods and services are stable over time.
D) Owners of resources in greater demand by others tend to have higher incomes.
Correct Answer:
Verified
Correct Answer:
Verified
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