Solved

Which of the Following Statements Is True About a Command

Question 1

Multiple Choice

Which of the following statements is true about a command economy?


A) Shortages occur because of complexities in the planning process.
B) Planners determine what, how many, and for whom goods and services are to be produced.
C) Planners often allocate goods and services through a rationing system.
D) The quality of produced goods and services tends to be inferior.
E) All of these are true.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents