Question 4

With regard to the benefit of socialism, which of the alternatives is not correct?

  • A.consumers are charged fair prices for goods they purchase
  • B.there is disincentive to hard work because private property is not allowed
  • C.it ensures production of essential goods
  • D.it is more efficient since resources are not wasted on producing surplus ANS B
Objective

Question details

Exam body
IMSU
Subject
Economics
Year
2020/2021 Model
Question no.
#4
Type
Objective

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