The economy of the former Soviet Union is best described as a

a. primitive economy.
b. market economy.
c. hybrid economy.
d. centrally-planned economy.

d

Economics

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Given the information in the table above, Home's opportunity cost of cloth is

A) 0.5. B) 2.0. C) 6.0. D) 1.5. E) 3.0.

Economics

The official government measure of poverty uses the relative approach to defining poverty

Indicate whether the statement is true or false

Economics