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In a centrally-planned economy: Select one: a. Commercial decisions are made by independent buyers and sellers acting in their own interest b. Market-determined prices are

In a centrally-planned economy: Select one: a. Commercial decisions are made by independent buyers and sellers acting in their own interest b. Market-determined prices are used for allocating scarce resources c. Prices play a rationing role so that the availability of goods is made consistent with buyer preferences and income d. Government controls prices and output of goods bought and sold, with minimal recognition given to considerations of efficiency

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