In a Command Economy, How Are Decisions About How to Allocate

question 121

Multiple Choice

In a command economy, how are decisions about how to allocate resources made?

• A) by a lottery system
• B) by individuals and firms interacting in markets coordinated by a price system
• C) by the firms that have the most power in the market
• D) by a central planning board

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General instructions or principles that provide a framework for decision-making or action but allow for flexibility and interpretation.

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A policy established for an indefinite duration, often outlining guidelines and procedures for routine operations and decisions.

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Unwanted and inappropriate sexual remarks or physical advances in a workplace or other professional or social situations.

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