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a centrally planned economy is also called a market economy:true or face a
a centrally planned economy is also called a market economy:
true or face
a
college student faces no opportunity cost if her parents pay her college tuition and her living expenses:
true or false
the production possibilities curve is immovable, meaning it is fixed regardless of the availability of resources:
true or false
a microeconomic model must be much smaller in size than a macroeconomic model:
true or false
a mixed system is an economy with only private industries:
true or false
a model gives the most realistic description of the real world:
true or false
a change in the quantity supplied is reflected by a shift of the supply curve:
true or false
