Which of the Following Statements Is True of a Centrally

question 75

Multiple Choice

Which of the following statements is true of a centrally planned economy?

• A)Individual concerns are as important as the government's concerns.
• B)Consumers determine the prices of products and labor.
• C)Factories are privately owned.
• D)The government sets the production goals.

---

Definitions:

Rote Rehearsal

A memorization technique involving the repetition of information without understanding its meaning or context.

Short-Term Memory

A temporary storage system in the brain for holding a small amount of information in an easily accessible state for a short period.

Engrams

Hypothetical physical or biochemical changes in the brain that represent memories.

Memory Span

The number of items, usually words or numbers, that a person can retain and recall in correct order.