Question

Which are the three ways of representing economis information

Answer 1

there are three economic models used in economics analysis , visual models , mathematically model , empirical ...

Answer 2

Explanation:

An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two.

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