Which of the following is TRUE in a planned economy-08795
Which of the following is TRUE in a planned economy?
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Final Term - Quiz No.4.
Which of the following is TRUE in a planned economy?
Goods and services produced reflect consumer sovereignty
Price is relatively unimportant as a means of allocating resources.
There is no incentive for people to work hard.
All income is completely evenly distributed.
