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

Resource allocation in different economic systems — practice question

The shift from centrally planned economies to market economies was accompanied by a major change in the composition of output. What was one immediate result of this transition?

  • Aa build-up of unsold stocks of goods
  • Ban increase in exports of goods
  • Can increase in structural unemployment
  • Ddecreasing prices of goods and services

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