3. Imagine trying to run a contemporary market economy without ea of the following. What problems do
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3. Imagine trying to run a contemporary market economy without ea of the following. What problems do you think would arise? What might people have to do to get around the la of ea one?
a. Money
b. e expectation that most people will not eat
c. An organized way of keeping people from adulterating foods or selling medicines that do not work
d. A system of roads, canals, or railways
e. Phone and computer connections
f. An expectation that individuals will take the initiative in decision making
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Related Book For
Microeconomics In Context
ISBN: 9781138314566
4th Edition
Authors: Neva Goodwin , Jonathan M. Harris, Julie A. Nelson , Pratistha Joshi Rajkarnikar , Brian Roach , Mariano Torras
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