Socialism faces severe knowledge problems about relative scarcities of goods and services because it ultimately seeks to abolish prices, profit-loss calculations, etc. True or False: Price controls formed through political legislation provide perfectly reliable information about a good's relative scarcity.
A. True.
B. False.

Question

02-07-2024
Social Studies

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Socialism faces severe knowledge problems about relative scarcities of goods and services because it ultimately seeks to abolish prices, profit-loss calculations, etc. True or False: Price controls formed through political legislation provide perfectly reliable information about a good's relative scarcity.
A. True.
B. False.

Sagot :

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