In Which Way Does a Planning System Function

question 19

Multiple Choice

In which way does a planning system function?

• A) The market is left to decide prices and quantities.
• B) A central authority decides what to produce and allocates resources to production.
• C) Government owns and makes everything.
• D) Businessmen plan their economic strategy and carry out their plans to the best of their ability.

---

Definitions:

Absolute Cell Reference

In spreadsheet applications, a cell reference that remains constant even when a formula is copied or moved to another cell, typically indicated by dollar signs ($).

Absolute Cell Reference

In spreadsheet applications, a cell reference that remains constant, even if the formula is copied or moved to a different cell.

Relative Cell Reference

In spreadsheet programs, a cell reference that adjusts automatically when the formula containing it is copied to another cell or location.

Paste Options Button

A feature in software that lets users choose how copied content is formatted when it is pasted.