Give examples of reasons why some people might prefer a pure capitalist economy and others a mixed economy.
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Q116: People who argue in favour of laissez-faire
A)believe
Q117: The benefits from specialization and trade are
Q118: Three Ps of capitalism are
A)prices,performance,and progress.
B)prices,privilege,and profits.
C)privilege,production,and
Q119: In both capitalist and mixed economies,the answer
Q120: People who argue against laissez-faire
A)believe the government
Q122: "The United States can't gain from trading
Q123: Explain the differences between a command economy,a
Q124: Explain why comparative advantage rather than absolute
Q125: Define productive efficiency.Explain why being productively efficient
Q126: Explain the meaning and importance of the
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