The key elements of a market economy include all of the following except
A) freely determined prices.
B) property rights.
C) freedom to trade at home.
D) freedom to trade with another country.
E) strong government intervention.
Correct Answer:
Verified
Q125: Market failure
A)caused the collapse of centrally planned
Q126: What does a market economy use to
Q127: Economic interaction with other countries
A)benefits only small
Q128: If an increase in the price of
Q129: A government failure results when
A)the government allows
Q131: Without property rights,
A)people would have more of
Q132: Establishing property rights
A)is a characteristic of most
Q133: Property rights are not necessary for a
Q134: A centrally planned economy is also called
Q135: Which of the following statements is false?
A)In
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