Which of the following is NOT mentioned by von Mises as an institutional prerequisite for economic calculation:
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Question:
Which of the following is NOT mentioned by von Mises as an institutional prerequisite for economic calculation:
a. An indirect medium of exchange-money
b. Private ownership of the means of production
c. Market exchange for producer and consumer goods
d. The existence of a central bank
Related Book For
John E Freunds Mathematical Statistics with Applications
ISBN: 978-0134995373
8th edition
Authors: Irwin Miller, Marylees Miller
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