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10 cards from this deck
Economy where markets operate without govt interference
Better resources, equitable income, economic stability
Market forces produce unfavorable or inefficient outcomes
Provision, Income, Externalities, Market power, Stability
Private economic interests, not social interests
How society's scarce resources are distributed among uses
Stifles innovation, reduces efficiency, hampers growth
Instability, inequality, inadequate essential facilities
Which goods, quantities, how to organize production
Costs/benefits for third parties not in the transaction
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