Centrally planned economies use free-market systems for their production planning
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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One problem with constructing a perfectly complete realistic economic model is that
A) it would be too simplistic to have any value. B) it would be far too complicated to analyze. C) politicians see little value in such a model. D) None of the above is true.
Economics
A recession is always associated with
a. the end of a war. b. slowly growing real GDP. c. rising inflation. d. declining real GDP.
Economics