Which government action would be taken in a command economy to address the problem of economic scarcity? A. offering subsidies on agricultural commodities to decrease surpluses O B. rationing limited resources in order to meet the needs of the state O C. encouraging private investment in technology to increase production O D. providing temporary unemployment benefits to encourage job training

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Q: 1. Identify the four basic inputs to an economic system, and give examples for each of them.

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A: Market economic systems are based on the concept of free markets.

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