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In Lubenir, a Country in South America, Its Citizens Can

Question 1

Multiple Choice

In Lubenir, a country in South America, its citizens can own capital, make decisions about how to use it, and reap the returns or losses of their business activities. Given this information, it can be said that Lubenir has a _____.


A) mercantilist economy
B) traditional economy
C) command-based economy
D) market-based economy

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