What is the role of government in a closed economy

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asked Jun 22, 2022 101k views

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Jenz · Answer 1 · 2022-06-27T15:56:17+0000

Answer: Many

Explanation: The government however performs several functions in a closed economy legal and social role, it maintains competition, provides public goods and services. It redistributes income and stabilizes the economy.

What is the role of government in a closed economy

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What is the role of government in a closed economy