A weakness of a planned economy is:
A) goods and services most valued by buyers may not be produced.
B) government planners may be unable to effectively plan due to the complexity of resource allocation decisions.
C) air and water pollution may result from planners' failures to take the environment into account in many of their decisions.
D) all of the above.
Correct Answer:
Verified
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)
Q98: When centralized planning creates a problem for
Q99: Planning failure occurs when:
A) government planners pursue
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
Q104: The world's economies:
A) are all either capitalist
Q105: Which of the following countries would rely
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