What is a major disadvantage of a centrally planned economy?
(A) Its military forces are too weak to be effective.
(B) It offers too many choices for consumers.
(C) It cannot meet consumers' needs and wants.
(D) It has no control over which goods and services are provided.
Ans: (C) It cannot meet consumers' needs and wants.
Economics
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A) increases B) does not affect C) decreases D) increases or decreases
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The __________ the nonsystematic risk of a portfolio, the __________ the risk premium will be
A) higher; lower B) higher; higher C) lower; lower D) None of the above.
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