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MMLU-Pro / 7384 / What is "indicative planning"? How does it differfrom socialistcentral planning?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

What is "indicative planning"? How does it differfrom socialistcentral planning?

category

economics

options

  1. Indicative planning is a system practiced only in socialist countries
  2. Indicative planning is a system in which representatives of government and private industries draw up a national economic plan, but unlike socialist enterprises, private firms are not absolutely compelled to cooperate.
  3. Indicative planning is a system where the government sets prices and production quotas for private firms
  4. Indicative planning is a method where only the private sector drafts a national economic plan without government input
  5. Indicative planning is a system where private firms are absolutely compelled to cooperate
  6. Indicative planning is a system where local governments create economic plans that must be strictly followed by both government and private firms
  7. Indicative planning is a system where economic planning is done by international organizations, rather than national governments
  8. Indicative planning is a system in which the government provides suggestions for economic development, but there is no formal plan in place
  9. Indicative planning is a system that relies on market forces alone with no government or private industry planning
  10. Indicative planning is a system where the government makes all economic decisions

src

stemez-Economics

Discussion

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Source and history

upstream_id / Original problem ID
7384
task_id
72b66d34-c42e-5450-a21e-9f465bdedee5
task_key
default--test--7384
task_revision_id
1
config / split
default / test

Official source

initial import