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Economics ...an organization originally established to lend money to battle-torn Japan and Western Europe after WWII; presently acts as a welfare agency that lends funds to countries in poverty or financial distress; consists of two institutions, the International Bank for Reconstruction and Development and theInternational Development AssociationStatistics for Business and Economics 13th Edition • ISBN: 9781305983038 David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. 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UNIT 3: CHAPTER 13 - ECONOMIC CHALLENGES & CHAPTER 14 TAXES & GOV'T SPENDING. 24 terms. Zamantha_Torres. Preview. Budgeting and …Economics Quiz Key. A newer version of this product is available. See new version. This item is discontinued. Please call us at 1-877-223-5226 for other options.Oligopoly. type of market model that is dominated by only a few firms. monopolistic competition. type of market model that provides differentiated products. Study with Quizlet and memorize flashcards containing terms like scarcity, limited government, freedom of enterprise, competition, and property rights, equilibrium price and more.. Quiz yourself with questions and answers Study the choices that societies make regarding the pr Mass production is based on what three elements. total cost. the sum cost of all the factors of production used in making goods. the equilibrium decreases. As the supply increases, the ___ ___. 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