Essay
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1.
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What are the three questions nations ask to define their economic
system?
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2.
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Who decides what should be produced in a command
economy?
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3.
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What is the role of the government in socialist countries?
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4.
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What information is used to measure the state of an economy?
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5.
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What is the consumer price index and what is it used for?
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6.
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What are the key phases of the business cycle?
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