Which of the Following Disagrees with the Concept of Centrally

question 76

Multiple Choice

Which of the following disagrees with the concept of centrally planned economies?

• A)At the time of their collapse,standards of living in most centrally planned economies were at or above those of market economies.
• B)Basic necessities were often not provided to citizens in centrally planned economies.
• C)Underground economies for goods and services thrived in most centrally planned economies.
• D)Prices on the black market were much higher than the official prices set by governments.

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