Multiple Choice
Economic historians have pointed to which of the following to explain the demise of the Soviet Union?
I. Managers were evaluated based on profits rather than production quotas.
II. There was misallocation of investment, with "prestige" sectors chosen over less productive ones.
III. Planners emphasized the short run over the long run.
A) I only
B) II only
C) III only
D) II and III
Correct Answer:

Verified
Correct Answer:
Verified
Q16: A zero coupon bond pays:<br>A)a stream of
Q17: One explanation for high long-run economic growth
Q18: Which of the following best defines a
Q19: Banks in developing economies are less willing
Q20: A stock entitles you to:<br>A)a percentage of
Q22: A security is a claim on income.<br>A)a
Q23: Which of the following are arguments against
Q24: If the issuer of a bond does
Q25: Diversification allows to earn healthy returns from
Q26: A stock is:<br>A)a loan to a corporation.<br>B)a