The Key Elements of a Market Economy Include All of the Following

question 38

Multiple Choice

The key elements of a market economy include all of the following except

• A)freely determined prices.
• B)property rights.
• C)freedom to trade at home.
• D)freedom to trade abroad.
• E)strong government intervention.

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Definitions:

Atomic Symbol

A one or two-letter abbreviation that represents a chemical element.

Natron

A natural mineral mixture of sodium carbonate decahydrate (Na2CO3·10H2O) and sodium bicarbonate (NaHCO3) among others, historically used as a cleaning product and a preservative.

Sodium

A chemical element with the symbol "Na" and atomic number 11, widely known for its role in salt (sodium chloride) and various other compounds.

Elemental Metals

These are pure chemical substances consisting of a single type of atom that exhibits metallic properties such as conductivity, malleability, and luster.