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Is the Task of Effective Central Planning Difficult

Question 213

Multiple Choice

Is the task of effective central planning difficult?


A) It is not difficult because allocating resources is easier than ever with the microprocessing power of twenty-first-century computers.
B) It is not difficult because economic models and theory have become increasingly better at handling real-world complexities.
C) It is difficult because central planners have no way of knowing the value of a particular resource in all of its uses.
D) It is difficult, but only if the central planners are dedicated public servants and not self-interested politicians.

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