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The Coordination Problem in the Centrally Planned Economies Refers to the Idea

Question 212

Multiple Choice

The coordination problem in the centrally planned economies refers to the idea that


A) planners had to direct required inputs to each enterprise.
B) the price level and the level of employment were inversely related.
C) the immediate effect of more investment was less consumption.
D) exports had to be equal to imports for a central plan to work.

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