Multiple Choice
The incentive problem under communist central planning refers to the idea that
A) planners had to direct required inputs to each enterprise.
B) workers, managers, and entrepreneurs could not personally gain by responding to shortages or surpluses or by introducing new and improved products.
C) the immediate effect of more investment was less consumption.
D) exports had to be equal to imports for a central plan to work.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: How does 'consumer sovereignty' determine the types
Q3: In a market system, the distribution of
Q4: The invisible hand refers to the<br>A) fact
Q5: Which of the following is not one
Q6: A production system where various workers concentrate
Q7: (Consider This) Explain the differences in economic
Q8: List nine characteristics of the market system.
Q9: The market system's answer to the fundamental
Q10: Enterprise managers and workers in the Soviet
Q11: Which of the following is necessary to