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The Central Planning Approach Proved ________ Because ________

Question 132

Multiple Choice

The central planning approach proved ________ because ________.


A) successful; central planners use state-of the-art military computers to efficiently allocate resources
B) a failure; it was never given enough time to be successfully implemented in most countries
C) successful; central planners, unlike CEOs, are not solely interested in maximizing profits and raising prices
D) a failure; central planners lack information and incentives to allocate resources efficiently

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