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QuizMultiple Choice

Competition and Free Enterprise

Question 1 • LVA-Economics SPRING

What is one possible effect of high unemployment in a mixed market economy?

Answer
T
The government will intervene to appoint new jobs to workers.
A
A lack of income will weaken the buying power for many people.
N
New government-run farms and factories will open to provide work.
T
The wealth gap between the upper and lower classes will decrease.
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