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Which statement is TRUE if you live in a planned economy? * You will not get much useful information from prices. * Central planners will
Which statement is TRUE if you live in a planned economy? * You will not get much useful information from prices. * Central planners will closely track changes in consumer preferences to maintain equilibrium. * Producers will respond quickly to changes in consumer demand. * Most goods will be produced in surplus to maintain full employment, so you are virtually guaranteed a job
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