Which of the following might be considered to be a-09070
Which of the following might be considered to be a characteristic of 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 Mid Term - Quiz No.12.
Which of the following might be considered to be a characteristic of a planned economy?
All income is completely evenly distributed.
Price is relatively unimportant as a means of allocating resources.
Goods and services produced reflect consumer sovereignty.
There is no incentive for people to work hard.
