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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 12
Circle the letter that corresponds to the best answer. Which statement is true?
A) In recent years the U.S. economy has become primarily socialistic.
B) There is one model for capitalism that virtually every capitalist economy follows closely.
C) The American economic model has been followed very closely by Japan since the late 1940s and China since the early 1980s.
D) There is no substantial difference between socialism and communism.
E) None of the above.
A) In recent years the U.S. economy has become primarily socialistic.
B) There is one model for capitalism that virtually every capitalist economy follows closely.
C) The American economic model has been followed very closely by Japan since the late 1940s and China since the early 1980s.
D) There is no substantial difference between socialism and communism.
E) None of the above.
Explanation
Verified
Verified
Thus, the ...
Macroeconomics 11th Edition by Stephen Slavin
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