Question: A society can have a _ _ _ _ _ _ _ economy in which the government decides on how resources are to be allocated,

A society can have a _______ economy in which the government decides on how resources are to be allocated, or a _______ economy in which the decisions of households and firms interacting in markets allocate economic resources.
1. Market; centrally planned.
2. Market, mixed.
3. Centrally planned; mixed.
4. Centrally planned; market.

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