Central Planning Usually Fails Because

question 208

Multiple Choice

Central planning usually fails because:

• A) of the scarcity of resources.
• B) of problems of inadequate demand and supply.
• C) central planners rely on market forces.
• D) of information and incentive problems.

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Definitions:

Bluefin Tuna

A species of tuna known for its size, speed, and value, especially in sashimi and sushi dishes.

Common Resource

A resource that is available to all users, but which can be depleted if overused, such as fisheries, clean air, and public parks.

E-books

Digital versions of books, readable on electronic devices such as computers, tablets, and e-readers.

National Defense

Government-provided security against foreign aggression, encompassing the military forces and other defense measures.