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In a pure market economy: Consumption and production possibilities are restricted by religious authorities Resources are directed and production is coordinated by the government Some
In a pure market economy: Consumption and production possibilities are restricted by religious authorities Resources are directed and production is coordinated by the government Some markets are regulated, while others are unregulated Households and firms make all economic decisions with minimal government regulation
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Microeconomics
Authors: Paul Krugman, Robin Wells
5th edition
1319098780, 1319098789, 978-1319098780
