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Consider a closed economy where

The South African economy can BEST be described as aResponses Acommand economy. command economy. Btraditional economy.
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Which of the following describes an economy in which the interaction of supply and demand determines price and output and there
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In which type of economy do people make economic decisions based on their group's ancestral customs and ways of life?(1 point)
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In which type of economy do people make economic decisions based on their group's ancestral customs and ways of life?(1 point)
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In which type of economy do people make economic decisions based on their group's ancestral customs and ways of life?(1 point)
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7. A closed economy is described by the following simple IS-LM system:C = a + b(1 – t)Y – dR I = I G = G L = kY – hR
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Draw a conclusion for the statement if possible. If it is Monday, then the library is closed. Today is Tuesday (1 point)
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Draw a conclusion for the statement if possible.If it is Monday, then the library is closed. Today is Tuesday (1 point)
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Draw a conclusion for the statement if possible.If it is Monday, then the library is closed. Today is Tuesday (1 point)
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Draw a conclusion for the statement if possible.If it is Monday, then the library is closed. Today is Tuesday (1 point)
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