Multiple Choice
Which of the following occurs when there was a shortage of supply in a centrally planned economy?
A) Central planners reduced the amount supplied to each sector
B) Shoppers waited in long lines at retail stores
C) Store shelves were empty
D) Shop operators expected "tips" or bribes for supplying scarce consumer goods
E) All of the answers are correct
Correct Answer:
Verified
Correct Answer:
Verified
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