Explain the various changes in the rate of price in an economy. 2. Explain the concepts of supply and demand in a free market.: Explain the concepts of supply and demand in a free market. 3. Define unemployment rate. Identify and describe the four types of unemployment in an economy. 4. Explain why most of today’s nations have mixed economies.: Explain why most of today’s nations have mixed economies. 5. Explain the fundamental rights of capitalism?: Explain the fundamental rights of capitalism
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