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Title: A significant feature of developing countries is that they use their labor less efficiently than ... Post by: walidkhalifa on Feb 27, 2018 A significant feature of developing countries is that they use their labor less efficiently than developed countries.
a. True b. False QUESTION 2 Output per capita is the most commonly used measure of the prosperity of a nation. a. True b. False QUESTION 3 Which of the following occurs when there was a shortage of supply in a centrally planned economy? a. Central planners reduced the amount supplied to each sector b. Shoppers waited in long lines at retail stores c. Store shelves were empty d. Shop operators expected tips or bribes for supplying scarce consumer goods e. All of the answers are correct QUESTION 4 In centrally planned economies, most prices are not a. established by central planners b. inflexible c. set below the market-clearing level d. based on consumer demand e. the cause of shortages of supply QUESTION 5 Soft budget constraints will lead to a. inefficiency b. quick responses to changes in supply and demand c. good investment decisions d. high product quality e. managers eager to satisfy consumer demand rather than production quotas QUESTION 6 A soft budget constraint applies when enterprises that earn profits distribute those profits to their private owners. a. True b. False Title: A significant feature of developing countries is that they use their labor less efficiently than ... Post by: siwar on Feb 27, 2018 Title: A significant feature of developing countries is that they use their labor less efficiently than ... Post by: walidkhalifa on Feb 27, 2018 This is very helpful, my teacher this year is not good
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