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Order each of the statements with regard to whether the economic activities in each statement are more market oriented ( laissez - faire ) or
Order each of the statements with regard to whether the economic activities in each statement are more market oriented laissez
faire or command oriented centrally planned
Marketoriented activities
Buyers and sellers make all production and
consumption decisions.
The government regulates some production and
consumption decisions.
The government attempts to induce certain production and
consumption decisions using monetary incentives.
The government makes all production and
consumption decisions.
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