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In which type of economy do market forces determine prices and the allocation of resources?

A ) supply economy
B ) mixed economy
C ) market economy
D ) planned economy

User Aelgn
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2 Answers

3 votes

Answer:

It's planned economy.

Step-by-step explanation:

I just took the test.

User Pankaj Saha
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C ) market economy

In a market economy economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses, known as market forces. Simply put, production and pricing are solely determined by market forces and government has little influence in the economy.

User NicolasR
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