When centralized planning creates a problem for a society or fails to achieve a society's goals, there is:
A) planning gap.
B) planning failure.
C) market replacement.
D) no alternative but to go to a pure market economy.
Correct Answer:
Verified
Q93: An economic system where many of the
Q94: A socialist system:
A) shares the same essential
Q95: Which of the following statements about a
Q96: The main influence planners have over how
Q97: An advantage of a planned economy is:
A)
Q99: Planning failure occurs when:
A) government planners pursue
Q100: A weakness of a planned economy is:
A)
Q101: In a planned economy:
A) the wants and
Q102: A mixed economy is one:
A) that depends
Q103: An advantage of classifying economies according to
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