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FSOT: 500 Test Prep Study Questions

Category - Economics

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In a capitalist market economy, a primary role of government is to:
  1. Regulate all key industries to insure consumer advantage in pricing and availability
  2. Protect core services not naturally supplied by market forces
  3. Regulate the distribution and use of scarce resources
  4. Monitor foreign competition and limit imports to improve domestic production
Explanation
Answer: B - Protect core services not naturally supplied by market forces.
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