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This variant of coordination problem seeks the answer to why some countries fail to grow when public and private rent seeking makes property rights insecure. One reason is that re
how do a traditional economy, a market, a centrally planned economy, and a mixed economy differ?
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What are the properties and limitations of GDP as a social welfare function?
Suppose that economic outcomes can be classified as either good or bad. Governments differ in ability and this affects the likelihood of good outcomes. There are two types of gover
Corporate communication can be anything from how a corporation functions internally/externally, to what is making its communications operate like call center equipment, etc.
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