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Markets,, especially frontiers, cannot operate without governmental regulation of their activities Select one: True False The major way markets secure cooperation is by coercion. Select one: True False A key idea in economics is that people decide to do things with the expectation that the benefits of the decision will exceed the costs. Select one: True False The main reason the standard of living has risen in the U.S. is a. governmental provision of goods and services b. the creation of fortresses such as in health care c. the reliance on markets to provide almost everything people consume d. governmental regulation of safety Regardless of the stated intent of government regulation, it ultimately serves the interests of producers by limiting the competition they face Select one: True False