Economics (AS & A Level) · Oct / Nov 2022 · Paper 12 · Question 2
9708Resource allocation in different economic systems
In a planned economy, what will determine the allocation of scarce resources?
- Aa mixture of private and central decision making
- Bthe decisions of central government
- Cthe forces of demand and supply
- Dthe revenue generated from direct and indirect taxes
As printed in the paper
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Correct answer: B. the decisions of central government
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