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Describe your ideal capitalist economy. What indicators would you use to measure goods and services? What happens when the quantity demand is impacted? Describe your

  • Describe your ideal capitalist economy.
  • What indicators would you use to measure goods and services? What happens when the quantity demand is impacted?
  • Describe your ideal socialist economy.
  • Explain whom goods and services will be produced for. What happens when price flooring is in effect, and how does it impact your labor market?

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