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managed economy

n.
1.a non-market economy in which government intervention is important in allocating goods and resources and determining prices

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    Idiom of the Day

    have a whale of a time
    to have a very exciting time
    Everybody had a whale of a time at the school picnic.



    1.
    If you had bought a house about thirty years ago you would certainly find that it had considerably ________ in value.

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