8 There are two basic methods of making economic decisions: the market mechanism and public sector decision-making.
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8 There are two basic methods of making economic decisions: the market mechanism and public sector decision-making. The decisions of individuals will influence the result in both cases. The tools of economics are general. They are applicable to choices that influence both market and public sector decisions.
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Related Book For 
Essentials Of Economics
ISBN: 396414
2nd Edition
Authors: James D Gwartney; Richard Stroup; J R Clark
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