Which of the Following Carries Out the Distribution Process by Rationing

question 61

Multiple Choice

Which of the following carries out the distribution process by rationing goods on the basis of preferences and relative incomes?

• A)Administered system
• B)Government
• C)Price system
• D)Central planning

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Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is believed to contain the true population parameter with a certain level of confidence.

Population Average Amounts

The mean value calculated from the entire set of values in a population.

Age Groups

Categories of people of different ages, used for statistical analyses and recognizing demographic patterns.

Managers' Yearly Salaries

An annual financial compensation received by managers for their services to an organization.