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Which of the following is not true for a socialist economy? Group of answer choices Allocation of resources is done through a market mechanism Investment
Which of the following is not true for a socialist economy? Group of answer choices Allocation of resources is done through a market mechanism Investment planning is done through central planning authority Income distribution is determined by a central planning authority It values the collective well being of the group
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Intermediate Microeconomics and Its Application
Authors: walter nicholson, christopher snyder
11th edition
9781111784300, 324599102, 1111784302, 978-0324599107
