
For a free market to exist, economists say that
A) the government must act in the best interest of the political leadership.
B) all's well that ends well.
C) supply must determine demand.
D) there must be voluntary exchanges and secure private property rights.
E) everything must have a price that is lower than competitive offerings from other countries.
Correct Answer:
Verified
Q15: What incentives are created under a market
Q16: The market system is said to be
Q17: The market system results in
A) economic growth
B)
Q18: The market system may not be efficient
Q19: Which of the following exemplifies the market
Q21: Which of the following is not constant
Q22: Which of the following goods are bought
Q23: What does the market process refer to?
A)
Q24: In general, the purpose of markets is
Q25: Which of the following is an example
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