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MNB1501 Assignment 1 2023 solutions
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MNB1501ASSIGNMENT 1
2023
SEMESTER 1 BY
BEST TUTORS
WHATS APP: 0737117960
, Which one of the following is a disadvantage of a command economy?
a.
The environment is unstable.
b.
There are high social costs.
c.
Planning is difficult or impossible.
d.
State organisations can be unproductive.
Clear my choice
___________________ may be regarded as a compromise between a pure market economy
and a pure command economy.
a.
Socialism
b.
Mixed economy
c.
Free-market economy
d.
State economy
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