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13. Which of the following is true about a decentralized market system? a) Households typically exchange things in goods markets but not factor markets. b)
13. Which of the following is true about a decentralized market system? a) Households typically exchange things in goods markets but not factor markets. b) Economic coordination is achieved through government regulation. c) Money is exchanged in goods markets but not factor markets. d) Factors of production are owned by firms and organized by households. e) Both households and firms participate in factor markets
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