Multiple Choice
In centrally planned economies, most prices are not
A) established by central planners
B) inflexible
C) set below the market-clearing level
D) based on consumer demand
E) the cause of shortages of supply
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Studies by the World Bank have underscored
Q10: Differences in stages of development among countries
Q14: Which of the following is not a
Q19: Privatization is the<br>A)process of turning private enterprises
Q51: In developing countries, it is not true
Q62: If there is a great deal of
Q74: Any international transfer made on concessional terms
Q77: If Eddie Li is a skilled worker
Q81: In 2010 the unemployment rate in Zimbabwe
Q96: To escape poverty, a country needs<br>A)Western banks