The decision about what goods and services will be produced in a centrally planned economy is made by
A) lawmakers in the government deciding on what will be produced.
B) workers deciding to produce only what the boss says must be produced.
C) producers deciding what society wants most.
D) consumers and firms choosing which goods and services to buy or produce.
E) consumers dictating to firms what they need most.
Correct Answer:
Verified
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Q110: Which of the following statements is correct?
A)Mrs.Lovejoy
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Q115: All _ economies have been political dictatorships.
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A)productive efficiency.
B)allocative efficiency.
C)equity.
D)scarcity.
Q118: Which of the following statements is correct?
A)Mrs.Lovejoy
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