As Opposed to the Market System, in Command Economies

question 30

Multiple Choice

As opposed to the market system, in command economies:

• A)the reward for innovation is extensive.
• B)the reward for innovation does not exist.
• C)meeting the production targets are extremely important.
• D)the profit motives are extremely high.

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Definitions:

Probability Range

The spread between values within which a random variable is expected to fall with a certain probability.

Returns

The profit or loss derived from an investment over a specified period, often expressed as a percentage.

Dividend Yield

A financial ratio that indicates how much a company pays out in dividends each year relative to its share price.