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6 Oct 2020
Which of the following statements best describes the role played by prices in a command economy such as the former Soviet Union?
a. Prices were used to allocate resources.
b. Prices played the same role as in a market economy.
c. Prices and queuing were used to ration final goods and services.
d. None of the statements are true.
Which of the following statements best describes the role played by prices in a command economy such as the former Soviet Union?
a. Prices were used to allocate resources.
b. Prices played the same role as in a market economy.
c. Prices and queuing were used to ration final goods and services.
d. None of the statements are true.
Nusrat FatimaLv10
21 Oct 2020
