Tuesday, 25 August 2015
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A) the government or other centralized group determines wages, sets prices, and distributes resources and products to the common group
B) individuals produce enough for personal survival with few resources or goods left over to trade or barter
C) individual income ultimately controls purchasing decisions
D) government distributes some goods and services through selected social programs, and individual income determines purchasing decisions for other goods and services
E) the production and pricing of goods and services is determined through the operation of a market
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