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Economics · Oct / Nov 2019 · Paper 12 · Question 4

2281Market economic system

Which pair of economic institutions can be found in a market economy?

  1. Alocal government and charities
  2. Bmonopolies and commercial banks
  3. Cnationalised industries and partnerships
  4. Dstock exchange and public corporations

As printed in the paper

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Correct answer: B. monopolies and commercial banks

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