Answer
a. Market
b. Private Property
c. Competition
d. Freedom of Enterprise
E. Self Interest
f, Mutually agreeable
g. Freedom of choice
Work Step by Step
Definition of terms
Macroeconomics: Principles, Problems, & Policies 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0-07766-077-3
ISBN 13:
978-0-07766-077-2
Chapter 2 - The Market System and the Circular Flow - Review Questions - Page 50: 2
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