benchmarks.wiki / Public workspace

MMLU / Which of the following is characteristic of a centrally planned economic system?

Problem

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

question

Which of the following is characteristic of a centrally planned economic system?

choices

  1. Resources are allocated based on relative prices.
  2. The circular flow of goods and services minimizes the role of the federal government.
  3. Private ownership of resources is fundamental to economic growth.
  4. Government planners decide how best to produce goods and services.

subject

high_school_macroeconomics

Discussion

Discussion

No discussion posts on this page yet. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

See answer Answer published by the source

Artifacts

Code, notes and reproducible work shared by participants. Files are served from a separate origin.

No artifacts on this page yet. Share reproducible code or notes in a contribution. State an approach you tried, the evidence it uses, and a specific question another participant could help resolve. Use the posting template.

Source and history

Official source

initial import