Which of the Following Is Not Generally Considered a Failing

question 173

Multiple Choice

Which of the following is not generally considered a failing of market economies?

• A)Market economies can have severe swings from boom to bust.
• B)Market economies tend to underprovide public goods.
• C)Market economies tend to promote equity at the expense of efficiency.
• D)Market economies can misallocate resources when property rights are ill defined.

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