Examlex
Which of the following statements is NOT true?
Free Market
An economic system in which prices are determined by unrestricted competition between privately owned businesses.
Life Expectancy
The average period that an individual is expected to live, based on statistical averages of age, gender, and other demographic factors.
Leisure Time
Free time not taken up by work, chores, or other obligatory activities, allowing individuals to engage in activities of their choice.
State-Supported Company
A business that receives financial aid, subsidies, or other forms of support from the government.
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