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Which of the Following Describes Indicative Planning

Question 14

Multiple Choice

Which of the following describes indicative planning?


A) Consultation between government, business and unions in order to co- ordinate their policies and plans
B) The nationalisation of large sections of the economy
C) Commands issued to different sectors of the economy to produce targeted amounts of output
D) Government intervention in the operation of markets for short periods of time
E) A type of planning undertaken by a group of countries acting together

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