An economic system explains how a country allocates its resources.
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Q7: Inflation is defined as a change in
Q8: Real interest rates are obtained by adding
Q9: Developing countries find it difficult to control
Q10: Balance-of-payments refers to a country's external debt
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Q13: In a centrally planned economy, private companies
Q14: A market-based economy is more receptive to
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Q17: In underground economies, corporations, small businesses, and
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