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According to Kornai, One of the Major Underlying Causes of the Economic

Question 6

Multiple Choice

According to Kornai, one of the major underlying causes of the economic problems faced by the state socialist societies was the:


A) emphasis placed on the quality rather than the quantity of goods
B) practice of allowing prices to be determined by consumer demand
C) emphasis placed upon the production of consumer goods
D) practice of bureaucratic planning in the absence of market principles

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