In a competitive market economy, how is the distribution of income primarily determined? a.By the number of firms in the market for goods and services b.By the ownership of resources and human capital in the economy c.By the government d.Can be changed so that everyone is left better off while none are made worse off
In a competitive market economy, how is the distribution of income primarily determined? a.By the number of firms in the market for goods and services b.By the ownership of resources and human capital in the economy c.By the government d.Can be changed so that everyone is left better off while none are made worse off
Chapter1: Introducing The Economic Way Of Thinking
Section1.6: Why Do Economists Disagree?
Problem 2.3YTE
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In a competitive market economy, how is the distribution of income primarily determined?
a.By the number of firms in the market for goods and services
b.By the ownership of resources and human capital in the economy
c.By the government
d.Can be changed so that everyone is left better off while none are made worse off
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