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Economics 12th Edition by William Baumol, Alan S Blinder
Edition 12ISBN: 978-0538453691Economics 12th Edition by William Baumol, Alan S Blinder
Edition 12ISBN: 978-0538453691 Exercise 5
In reality, which of the following circumstances might give rise to each of the situations described in Discussion Question 2
a. Regulation of output quantities by a government
b. Rationing of commodities
c. Assignment of soldiers to different jobs in an army
a. Regulation of output quantities by a government
b. Rationing of commodities
c. Assignment of soldiers to different jobs in an army
Explanation
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(a) Regulation of production by governme...
Economics 12th Edition by William Baumol, Alan S Blinder
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