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mmi mmi
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2 years ago
With regard to various economic systems, most economists agree that

▸ government intervention in the economy is only justified in time of war.

▸ most production and consumption decisions are more efficiently coordinated by markets than through central planning.

▸ the mix of market and command principles that exists in Canada is the best.

▸ command economies have been very successful in distributing income in socially just ways.

▸ the optimal mix of market and command systems remains constant over time.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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Cow5215Cow5215
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2 years ago
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