Answered: If the resources in an economy is fully…

If the resources in an economy is fully owned by the government, such economies are called_____. a. Command economy b. Capitalist economy c. Economic system d. Mixed economy

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter2: Thinking Like An Economist

Section: Chapter Questions

Problem 4QR

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If the resources in an economy is fully owned by the government, such economies are called_____.

Command economy

Capitalist economy

Economic system

Mixed economy

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