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Business, 02.02.2020 23:49 sarahgarza5440

Which of the following statements best characterizes a basic difference between market economies and centrally- planned economies? society relies more upon prices to allocate resources when the economy is centrally-planned than when it is market-based. the self-interest of households is reflected more fully in the outcome of a centrally-planned economy than in the outcome of a market economy. government plays a larger role in the economic affairs of a market economy than in the economic affairs of a centrally-planned economy.

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Which of the following statements best characterizes a basic difference between market economies and...
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