Multiple Choice
If we were to examine the economic record of the former Soviet Union and China during the 1980s,we could reasonably conclude that
A) China was successful and the Soviet Union was not.
B) The Soviet Union was successful and China was not.
C) Both the Soviet Union and China were successful.
D) Neither China nor the Soviet Union were successful.
Correct Answer:

Verified
Correct Answer:
Verified
Q162: The price system<br>A)sends signals to producers.<br>B)sends signals
Q163: Which of the following statements is false?<br>A)One
Q164: Which of the following is NOT a
Q165: Private ownership of nearly all of a
Q166: Our government helps the free enterprise system
Q168: By the late 1970s,<br>A)Russia began reforms which
Q169: Adam Smith believed that people are guided
Q170: Which statement is true?<br>A)The communist system of
Q171: The price mechanism deals _ with the
Q172: When our resources are NOT allocated efficiently,we