Please no written by hand solution Which of the following statements is TRUE? Worldwide markets function so well because: I. everyone acts in their own self-interest. II. millions of people voluntarily cooperate in markets. III. governments set appropriate prices in markets. IV. there is much undirected cooperation between buyers and sellers. I and II I, II, and IV All of these statements are correct. II, III, and IV

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
Section: Chapter Questions
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Which of the following statements is TRUE? Worldwide markets function so well because: I. everyone acts in their own self-interest. II. millions of people voluntarily cooperate in markets. III. governments set appropriate prices in markets. IV. there is much undirected cooperation between buyers and sellers. I and II I, II, and IV All of these statements are correct. II, III, and IV 

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