Multiple choice

Which of the following is NOT a characteristic of a market economy?

  1. Interest

  2. Incentives

  3. Voluntary Exchange

  4. Consumer Sovereignty
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A Correct answer
Explanation

Incentives, voluntary exchange, and consumer sovereignty are all core characteristics of a market economy that drive decision-making and trade. While interest exists in financial markets, it is a financial concept rather than a defining structural characteristic of a market economy itself.

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