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In a centrally planned economy, what to produce is

In a centrally planned economy, what to produce is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Determined by the forces of demand and spply
  • B Driven by profit motive
  • C Determined by consumers
  • D The responsibility of state's bureaucrats
Correct Answer: Option D
Explanation:
A centrally planned economy is an economic system in which a single authority, such as a government, makes economic decisions regarding the manufacturing and the distribution of products.

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