SAINT GBA440 MODUULE 8 QUIZ 2
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Question 1. Question : 
The sale of government-owned economic resources to private operators is called ________.
the price mechanism
laissez-faire economics
privatization
guanxi
Question 2. Question : 
In most failed centrally planned economies ________.
market conditions helped determine who produced various goods
prices of products were a function of supply and demand
central planning agencies specified production goals and decided prices
central planners paid attention to efficiency improveme...
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SAINT GBA440 MODUULE 8 QUIZ 2•SAINT GBA440 MODUULE 8 QUIZ 2
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Question 1. Question : 
The sale of government-owned economic resources to private operators is called ________.
the price mechanism
laissez-faire economics
privatization
guanxi
Question 2. Question : 
In most failed centrally planned economies ________.
market conditions helped determine who produced various goods
prices of products were a function of supply and demand
central planning agencies specified production goals and decided prices
central planners paid attention to efficiency improveme...