Examlex
In contrast to _____,_____ is more a reflection of the culture in which a person is raised.
General Equilibrium
The condition that exists when all markets in an economy are in simultaneous equilibrium.
Economic System
The organized way in which a country allocates resources and distributes goods and services in its society.
Criterion
A principle or standard by which something can be judged or decided.
Efficiency
The optimal allocation of resources to produce goods and services in a way that maximizes output with the least waste or cost.
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