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Question: question 25 1 point saved a necessary condition for a...

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Question 25 (1 point)

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A necessary condition for a money economy to be self-regulating is that

Question 25 options:

wages must be flexible in an upward direction, but not in a downward direction.

the economy must always be operating on its institutional production possibilities frontier.

wages must be flexible in a downward direction, but not in an upward direction.

interest rates must be flexible in the credit market.

none of the above

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