Multiple Choice
Advocates of a gradualism transition approach from socialism to a market economy recommend
A) moderate changes starting with the development of market institutions, the gradual decontrol of prices, and the privatization of only the cost efficient firms.
B) continued government controls over wages forever.
C) an immediate and total change in all economic conditions.
D) continued government controls over prices forever.
Correct Answer:
Verified
Correct Answer:
Verified
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