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Carlton Owns a Small Sports Memorabilia Shop

question 17

True/False

Carlton owns a small sports memorabilia shop. He can participate in a Keogh plan to save for his retirement.


Definitions:

Laissez Fair Capitalism

An economic system where private parties are free from government intervention in their economic decisions.

Monopolistic Competition

The market structure that exists when there are fewer businesses than in a pure-competition environment and the differences among the goods they sell are small.

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