Economics 9708 · AS & A Level · Resource allocation in different economic systems

Resource allocation in different economic systems — practice question

In order to raise their economic performance, Eastern European countries have moved away from planned economies towards mixed economies. What is the most likely general result of this change?

  • Ashort-term and long-term success in improving economic performance
  • Bshort-term and long-term failure in improving economic performance
  • Cshort-term failure and long-term success in improving economic performance
  • Dshort-term success and long-term failure in improving economic performance

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