A Market Economy

question 80

Multiple Choice

A market economy:

• A) requires government to set prices.
• B) allocates according to need.
• C) distributes property rights.
• D) relies on the invisible hand to coordinate supply and demand.

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Definitions:

Light Bulb

An electric device that produces light by heating a filament or using a fluorescent coating, commonly used for illumination.

Past Participle

A grammatical form of a verb used in forming perfect and passive tenses and sometimes as an adjective.

Fire Stations

Facilities that house firefighters and their equipment, serving as a base for responding to fires and emergencies.

Livermore

A city in California, known for its wineries, technology firms, and the Lawrence Livermore National Laboratory.