Use the following to answer questions :
Figure 16-1
-Which point in Figure 16-1 could represent an income distribution under a laissez-faire economy?
A)E
B)F
C)G
D)D
E)All of the above.

Question

Use the following to answer questions :
Figure 16-1 
-Which point in Figure 16-1 could represent an income distribution under a laissez-faire economy?
A)E 
B)F 
C)G 
D)D 
E)All of the above.

Quizplus · Accepted Answer

In a laissez-faire economy, where there is minimal government intervention, income distribution can vary widely based on market outcomes. Therefore, any point could represent an income distribution in such an economy, as it depends on the specific circumstances and policies of that economy.

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