Which of these statements is TRUE?
I. China and the Soviet Union tried to centrally plan their entire economies.
II. To many people's surprise, including economists, central planning proved successful in Eastern Europe.
III. President Nixon ordered gas stations closed on Sunday, an example of central planning.
A) II and III only
B) I, II, and III
C) II only
D) I and III only

Question

Quizplus · Accepted Answer

Statement I is true, as both China and the Soviet Union attempted to centrally plan their economies. Statement II is false, as central planning in Eastern Europe was not ultimately successful. Statement III is true, as President Nixon did indeed order gas stations closed on Sunday, an example of central planning. Therefore, only statements I and III are true, making choice D the correct answer.

Which of These Statements Is TRUE