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Economics and Personal Finance
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Question 4
4
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Question 4 • Economics and Personal Finance
What are the cons of a mixed market economy for most citizens? Choose four correct answers.
Answer
A
It can be very difficult for citizens to start private businesses.
B
Citizens must pay for most basic necessities by themselves.
C
There is no guarantee of steady employment for many citizens.
D
There may be a sizable gap between rich and poor people.
E
Citizens often purchase their own health care and higher education.
F
Citizens may pay higher taxes than in other economic systems.
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