The major virtues of the market system include all of the following, except
A)it promotes an efficient allocation of resources.
B)it leads to equality in the distribution of income.
C)it provides incentives for greater production and higher incomes.
D)it emphasizes the freedom to pursue self-interest.Difficulty: 02 Medium

Question

Quizplus · Accepted Answer

The market system does not lead to equality in the distribution of income. In fact, it often leads to inequality, as some individuals and businesses are able to earn more money than others.

The Major Virtues of the Market System Include All of the Following