In a centrally planned economy,

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Xaibi Aslam · Accepted Answer

government officials set prices

Xaibi Aslam · Answer

business leaders set production quotas and report them to government, which holds them accountable

Xaibi Aslam · Answer

supply and demand are key indicators of prices and production levels

Xaibi Aslam · Answer

all of these are the case: government officials set prices; business leaders set production quotes and report them to government; and supply and demand are key indicators of prices and production levels

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In a centrally planned economy,

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Question #62931

In a centrally planned economy,

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