what is the difference between strict and broad rate of unemployment ?
1
Expert's answer
2014-08-18T09:24:43-0400
In all of these countries, except Cuba there is mixed economic system, but in Cuba there is a command planned economic system. A planned economy is the economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a public body such as a government agency. Although a planned economy may be based on either centralized or decentralized forms of economic planning, it usually refers to a centrally planned economy. A mixed economy is commonly defined as an economic system in which both the private sector and state direct the economy, reflecting characteristics of both market economies and planned economies.[1] Most mixed economies can be described as market economies with strong regulatory oversight and governmental provision of public goods. Some mixed economies also feature a variety of state-run enterprises.
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
Finding a professional expert in "partial differential equations" in the advanced level is difficult.
You can find this expert in "Assignmentexpert.com" with confidence.
Exceptional experts! I appreciate your help. God bless you!
Comments
Leave a comment