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Which of the following statements is NOT true of a market economy?

Question 9 options:

The government may supply some goods or services.

The individual makes his or her own economic decisions.

The economy is defined by a freedom of choice for both buyers and sellers.

The system encourages private ownership of resources.

The pricing of goods is determined by what sellers wish to charge and buyers wish to pay

User Kraftwerk
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1 Answer

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A market economy is based on consumer free will and private ownership. Answer is A
User Jacob Kranz
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