A nation's plan for answering the three economic questions is called its ____ ____.

Fill in the blank(s) with the appropriate word(s).

Ans: Economic System

Business

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When a customer returns goods to the seller, the seller debits the Purchase Returns account

Indicate whether the statement is true or false

Business

Land disputes over the Spanish and Mexican land grants were settled by

a. the Board of Land Commissioners b. the State of California c. the Spanish legal code d. taking all land for public use

Business