The table below shows that,in one day,Claire can complete either 3 chemistry or 2 biology lab reports,while Sam can complete either 4 chemistry or 3 biology lab reports. TABLE 1- 2
-In practice,the term "centrally planned economy" refers to an economy in which
A) the government makes ALL production and consumption decisions.
B) the military is in control of the government.
C) the mix of market and command principles is heavily weighted towards the latter.
D) economic decisions are made in the geographic centre of the country.
E) all commodities are rationed.
Correct Answer:
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