What do you mean by the term 'free market'?
a. It refers to the process whereby buyers and sellers interact or trade under government regulation
b. It refers to the process whereby buyers and sellers voluntarily interact or trade without any interference or restrictions.
c. It refers to a market where buyers and sellers pay for goods and services in kind and not in cash.
d. It refers to a market where assets are traded after they have been sold in the primary market.
e. It refers to a market where the demand for the product being traded is not affected by a change in the price of the product.
b
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Which of the following statements is false?
A. The Wilshire 5000 is a stock index that consists of the stocks of about 6,500 firms. B. Instead of buying a mutual fund that consists of various stocks picked by a fund manager you can buy a mutual fund that consists of the stocks that make up a particular stock index. C. The term Sypders stands for "Standard & Poors Direct Receipts." D. When an investor buys Spyders they are said to "buy the market."
Crowding in occurs when government spending, by raising Real GDP, induces increases in private investment spending.
Answer the following statement true (T) or false (F)