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Ecn201 final exam uri - Study guides, Class notes & Summaries

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ECN201 FINAL EXAM URI QUESTIONS & ANSWERS 2023/2024

  • ECN201 FINAL EXAM URI QUESTIONS & ANSWERS 2023/2024

  • Exam (elaborations) • 12 pages • 2023
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    • ECN201 FINAL EXAM URI QUESTIONS & ANSWERS 2023/2024 Traditional - ANSWER-By tradition, customs Command - ANSWER-Government Economy Market - ANSWER-People pursuing individual decisions Mixed - ANSWER-Combination of command and market economies Adam Smith - ANSWER-Supported the market system/capitalism Prices - ANSWER-_____ are to the economy what red cells are to the human body Property Rights - ANSWER-The ability of owners to use their property, or to sell it Conservati...
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