Question: Question 3 ( 0 . 6 6 6 6 7 points ) We following 5 general types of institutions as critical in differentiating economic system:
Question points
We following general types of institutions as critical in differentiating economic system:
Ownership
Form of Allocation: Market vs Plan
Level of decision making centralization vs decentralization
System of Motivation and incentive mechanism
How to make public choices, type of state
True
False
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