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Oldies but Goodies and some more recent

Oldies but Goodies and some more recent.

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Oldies but Goodies and some more recent

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  1. Oldies but Goodiesand some more recent

  2. 1. In a typical market economy, producers are allowed to choose which products they wish to make and the amount of those products they will produce.  Consumers are allowed to choose which producer they will purchase from and how many they will buy.  This MOST DIRECTLY supports the broad economic goal of A      freedom B       equity C      security D      stability

  3. 2. Whenever a company develops a new product, an equilibrium price and quantity will eventually be determined by A      how much money is available in the economy. B       the government in their role as price setter. C      the interaction of sellers and producers. D      the interaction of buyers and sellers.

  4. key • A • D

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