Most mixed or capitalist developing countries are limited to an indicative plan, which indicates expectations, aspirations, and intentions ?

Related Mcqs:

The market efficiently allocates scarce resource among alternative ends such that ?

I- consumers receive goods for which they are willing to pay II- Production resources hire out to maximize income) III- the market determines available labor and capital IV- the market distributes income among rich individuals A. III and IV only B. II and III only C. I, II and III only D. I, II, III … The market efficiently allocates scarce resource among alternative ends such that ?Read More...

Worker-managed socialism helped contribute to ________ ‘s rapid economic growth from 1959 to 1979?

A. Yugoslavia B. Chile C. Vietnam D. Japan...

Polish economist Oskar Lange’s model of decentralized ______ combined the advantages of market allocation with more uniform income distribution by dividing the returns from social ownership of nonhuman productive resources among the whole population ?

A. market socialism B. capitalism C. mixed economy D. monopoly...

Branko Horvat’s historical review of the last two and one-half century indicates that in large part market or decentralized socialism ?

A. has failed B. works well in Utopia C. is widely used in sub Saharan Africa D. is the only way to eradicate poverty?...

Which of the following assumptions underlying input-output analysis raises about its validity ?

I- The technical coefficients are fixed which means so substitution between inputs occurs II- There are no externalities so that the total effect of carrying out several activities is the sum of the separate effects III- Each good is produced by only one industry and each industry produces only one commodity IV- There is no … Which of the following assumptions underlying input-output analysis raises about its validity ?Read More...