Which of the following statements is correct?
A) Because it is expensive to change prices in a command economy, they do not change very often.
B) Prices in a command economy generally provide consumers with appropriate information concerning scarcity and opportunity cost.
C) The price system in a command economy is anonymous.
D) Only the prices of basics such as food are allowed to change on a regular basis in a command economy.
Correct Answer:
Verified
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Q49: Which situation is indicative of barter?
A) A
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A) the transition economies
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