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Economics (AS & A Level) · Oct / Nov 2023 · Paper 11 · Question 4

9708Resource allocation in different economic systems

What is least likely to increase as a result of a transition from a planned economy to a free market economy?

  1. Aprices of goods and services
  2. Bprivately owned resources
  3. Cprovision of merit goods
  4. Dstructural unemployment

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Correct answer: C. provision of merit goods

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