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grayotter535Lv1
11 Dec 2019
In a market economy, supply and demand are important because they:
(i) play a critical role in the allocation of the economy’s scarce resources.
(ii) determine how much of each good gets produced.
(iii) can be used to predict the impact on the economy of various events and policies.
(iv) All of the above are correct.
In a market economy, supply and demand are important because they:
(i) play a critical role in the allocation of the economy’s scarce resources.
(ii) determine how much of each good gets produced.
(iii) can be used to predict the impact on the economy of various events and policies.
(iv) All of the above are correct.
marcusnicole284Lv10
18 Jun 2023
mehdotstormLv10
8 Apr 2023
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Jeffrey
JD Candidate at Stanford Law School9 Apr 2020
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