Describe a command economy and a laissez-faire economy. Do any economic systems in the world reflect the

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Describe a command economy and a laissez-faire economy.
Do any economic systems in the world reflect the purest forms of command or laissez-faire economies?
Explain.

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Principles of Macroeconomics

ISBN: 978-0134078809

12th edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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Question Posted: Dec 27, 2018 04:54 AM

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Describe a command economy and a laissez-faire economy. Do any economic systems in the world reflect the

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A command economy is one in which the basic economic questions are answered by a central go...View the full answer

Principles of Macroeconomics

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