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Which of the Following Was Not a Major Element of Economic

question 8

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Which of the following was not a major element of economic reforms in Central and Eastern Europe in the 1990s?


Definitions:

Economic Activity

Activities related to the manufacturing, disseminating, and utilizing products and services in an economic system.

Fluctuations

Fluctuations refer to variations or changes in a condition, value, or level of economic variables over time.

Inflation

The escalation speed in general price levels of goods and services, ultimately leading to diminished power for making purchases.

Unemployment

The situation where individuals who are capable of working and are actively seeking work cannot find employment.

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