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Which Is NOT a Characteristic of a Centrally Planned Economy

Question 15

Multiple Choice

Which is NOT a characteristic of a centrally planned economy?


A) Planners set prices for goods produced in the economy.
B) The right amounts of goods are usually available at the right time.
C) Production levels for goods are determined by planners.
D) Excess demand for some goods and excess supply for other goods is a common occurrence.

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