An economic system in which prices are determined by unrestricted competition between privately owned businesses is a(n) __________.
A) externality
B) socialist government
C) free market
D) closed system
Correct Answer:
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Q21: According to John Locke,what was the source
Q22: True democracy will not necessarily result in
Q23: Which of the following is a tacit
Q24: Americans pay federal,state,and local governments nearly _
Q25: What are externalities?
A)voluntary economic exchanges among individuals
B)payments
Q27: Government shifts of income from taxpayers to
Q28: What is a special,added responsibility for democratic
Q29: Which of the following is an example
Q30: What is one of the principles that
Q31: Annual government spending in the United States
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