The choice of what to produce in a command economy is det...
The choice of what to produce in a command economy is determined by
Industrial establishments
Labour unions
The government and labour unions
The central government
Correct answer is D
A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced, and the price at which the goods are offered for sale.
A distribution is said to be positively skewed, if it ...
Determine the marginal revenue if the total revenue is 80.00 ...
In a planned economy, the emphasis is on ...
Progressive income tax can be expressed as ...
When a union is composed of workers with the same skill,it is termed ...
An economic problem arises when________ ...
In recent times, agriculture in Nigeria tends to lose its vital labour force as a result of ...
One method through which the Central Bank can restrict the commercial banks' power of credit exp...
Which Of the following is NOT an obstacle to economic development ...
Prohibiting the sale of lace materials in Nigeria would probably lead to? ...