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Dafna11 [192]
3 years ago
5

Economists generally do not define an institution as a

Social Studies
1 answer:
goldfiish [28.3K]3 years ago
7 0
Economists generally do not define an institution as a legal system which enforces law or contracts. Economists do, however, define an institution as a government free of corruption, that controls resource allocation, and that is a strong monetary system. 
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