Which statement is correct?

A. The operation of a market system eventually results in an equal distribution of income.
B. Freedom of choice and enterprise are essential elements of the market system.
C. Producers are "kings" in a market economy because they determine what is produced.
D. The market system is efficient at allocation of resources but not in getting consumer goods to their most valued uses.


Answer: B

Economics

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A) Eurodollars. B) Eurosterling. C) Euroeuros. D) Euroyen.

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The simple money multiplier: a. equals the reciprocal of the required reserve ratio

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Which of the following algebraic expressions is inaccurate?

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