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Economists Use the Term "Price System" to Refer to an Economic

question 28

True/False

Economists use the term "price system" to refer to an economic system in which the government sets prices.


Definitions:

Too Narrow

A criticism often directed at definitions or concepts suggesting they are overly restrictive and exclude relevant elements or aspects.

Counterexample

A specific instance that proves a definition wrong.

Atheist

An individual who does not believe in the existence of a god or gods.

Referents

The objects or concepts that a word or phrase denotes or stands for.

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