A laissez faire system is an economy with many government regulations.
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Q57: In describing the relationship between X and
Q58: The ceteris paribus, or everything else held
Q59: Economics was originally called
A)political engineering.
B)political economy.
C)economic physics.
D)social
Q60: Those who support a laissez faire system
A)believe
Q61: To argue that economics is a partisan
Q63: Which of the following is a normative
Q64: Positive economics
A)will usually indicate which economic policy
Q65: A positive statement is necessarily a subjective
Q66: "Inflation is a more serious problem than
Q67: A system in which the government essentially
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