Which of the following is the best definition of an economic system? choose 1 choose 1 (choice a) a a set of policies used by government to regulate what is produced (choice b) b a model for understanding how economies work (choice c) c a mechanism that decides what to make, how to make it, and who gets it (choice d) d a model that illustrates the flows of goods and services (choice e) e a government program for promoting economic growth and employment
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Which of the following is the best definition of an economic system? choose 1 choose 1 (choice...
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