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Why Is Informational Efficiency Difficult to Achieve in a Centrally

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Why is informational efficiency difficult to achieve in a centrally planned economy?


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Pocket Pamphlets

Small booklets that are easily portable, often containing information or guidelines on specific topics.

Legal Encyclopedia

A comprehensive written compilation that contains articles on legal topics.

Persuasive Authority

Persuasive authority refers to sources of law, such as cases from other jurisdictions, that a court may consider but is not obliged to follow.

Court Opinion

A written statement by a judge or a court of the reasoning and the principles of law used in reaching a decision of a case.

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