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snowicefox17 snowicefox17
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5 years ago
An economy in which government bureaucracy decides how much of a good to produce, how to produce the good, and who gets the good is known as a:

▸ mixed economy.

▸ market economy.

▸ centrally planned economy.

▸ laissez-faire economy.
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Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
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#1
5 years ago
centrally planned economy.
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