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Which of the following statement is not true? * In mixed economy the factors of production depend on the relative distribution of market forces versus command forces. In a pure market economy all factors of production are owned by the government. Command economy does not allow private entrepreneurship. In practice, no country has ever completely embraced a pure market economy.

Which of the following statement is not true? * In mixed economy the factors of production depend on the relative distribution of market forces versus command forces. In a pure market economy all factors of production are owned by the government. Command economy does not allow private entrepreneurship. In practice, no country has ever completely embraced a pure market economy.

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 31CTQ: If a government gains from unexpected inflation when it borrows, why would it choose to offer...
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/d/e/1FAlpQLSebCDZF6lOBwNE High account suplus will cause a country's currency to depreciate google.com W... IUKL LMS v Inbox (1) S Article Rewriter Too.. vork Hel... Spinbot.com - Artic.. 1 Folder - Google Dri.. tage. Which of the following statement is not true? * In mixed economy the factors of production depend on the relative distribution of market forces versus command forces. In a pure market economy all factors of production are owned by the government. Command economy does not allow private entrepreneurship. In practice, no country has ever completely embraced a pure market economy. Which of the following statement is true? * The 'diamond" theory emphasizes relative advantage in one economic activity that one nation enjoys in comparison with other nations. The stratégic trade theory divides the countries of the world into three categories based on innovation. The comparative advantage theory advocates extensive government intervention in international trade. O The absolute advantage theory was the first theory that advocated free trade.
Transcribed Image Text:/d/e/1FAlpQLSebCDZF6lOBwNE High account suplus will cause a country's currency to depreciate google.com W... IUKL LMS v Inbox (1) S Article Rewriter Too.. vork Hel... Spinbot.com - Artic.. 1 Folder - Google Dri.. tage. Which of the following statement is not true? * In mixed economy the factors of production depend on the relative distribution of market forces versus command forces. In a pure market economy all factors of production are owned by the government. Command economy does not allow private entrepreneurship. In practice, no country has ever completely embraced a pure market economy. Which of the following statement is true? * The 'diamond" theory emphasizes relative advantage in one economic activity that one nation enjoys in comparison with other nations. The stratégic trade theory divides the countries of the world into three categories based on innovation. The comparative advantage theory advocates extensive government intervention in international trade. O The absolute advantage theory was the first theory that advocated free trade.
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