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What is the name of the economic system where the government, or another central administration, regulates supply and prices?

Acommand economy
Bhybrid economy
Cmarket economy
Dtraditional economy

Verified Answer :

The name of the economic system where the government, or another central administration, regulates supply and prices is called a "command economy", although it should be noted that there is often a very small amount of "market economy" mixed in, historically speaking.

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