Modern Mixed Economies

question 17

Multiple Choice

Modern mixed economies

• A)generally alter the outcome of market processes in a manner that is believed to be in the social interest.
• B)attempt to redistribute income to make the distribution of income more equitable.
• C)rely on the government as well as the market to effect the distribution of goods and services.
• D)undertake all of the actions listed.

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Definitions:

Enforced

refers to the act of compelling compliance or obedience to a law, rule, or obligation.

Minor

A minor is an individual who is under the legal age of majority, usually considered to be below 18 years old, and is, therefore, legally restricted in certain rights and responsibilities.

Fraud

An intentional deception made for personal gain or to damage another individual.

Indian Act

A Canadian federal law enacted to regulate and administer the affairs and day-to-day lives of First Nations, including governance and land management.