Economic Systems and Decision-Making, economics homework help

Answer the following questions in complete sentences of 2-3 each:

1. How does an increase in minimum wage involve a conflict in goals?

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2. What can consumers do to influence the economic goals of a nation?

3. How do laws against false or misleading advertising promote the goal of economic equity?

4. Explain how entrepreneurs are the driving force of the free enterprise system?

5. What incentive does owning private property give people?

 
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