Which of the following is NOT true of allocating goods and services through a system of government rationing?
A)No country has ever actually attempted to allocate goods and services in this way.
B)Shifts in the costs of producing individual goods and services will not be reflected in the trade accomplished by rationing.
C)Shifts in the values that consumers place on different goods and services will not be reflected in the trade accomplished by rationing.
D)Incentives to produce are reduced under such a system.

Question

Quizplus · Accepted Answer

This statement is not true as there have been instances in history where governments have implemented rationing systems, such as during World War II.

Which of the Following Is NOT True of Allocating Goods