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Q: Which statement best describes a capitalist economy? (Points : 1) A: The production of goods and services is determined primarily by markets, but the allocation of goods and services is
determined primarily by government. B:The production of goods and services is determined primarily by government, but the allocation of goods and services is determined primarily by markets. C: The production and allocation of goods and services is determined primarily through markets. D: The production and allocation of goods and services is determined primarily through government.
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Asked 3/16/2012 10:07:39 PM
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Microeconomics is concerned with: the aggregate or total levels of income, employment, and output. a detailed examination of specific economic units that make up the economic system. positive economics, but not normative economics. the establishing of an overall view of the operation of the economic system.
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Updated 5/28/2014 12:17:19 PM
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Microeconomics is concerned with a detailed examination of specific economic units that make up the economic system.
Added 5/28/2014 12:17:19 PM
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