Which Statement Is TRUE About a Comparison of Economic Freedom

question 178

Multiple Choice

Which statement is TRUE about a comparison of economic freedom with political freedom?

• A) Economic freedom cannot exist without political freedom.
• B) Economic freedom leads to positive economic growth while political freedom leads to negative economic growth.
• C) Political freedom is more important than economic freedom when considering positive economic growth.
• D) Economic freedom is more important than political freedom when considering positive economic growth.

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Definitions:

Goods Delivery

The process of transporting goods from a seller to the purchasing customer or client.

Services Provided

The performance of work, assistance, or activities for the benefit of another individual or organization.

Expense Accounts

These accounts record the consumption of assets or services that occur during the operation of a business, leading to a decrease in owner's equity.

Revenue Accounts

Accounts in the general ledger that track the income generated by a company from its normal business operations.