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A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · May/June 2021 · Q21 Mark

Which aspect of a planned economy might be viewed unfavourably by a consumer but favourably by a producer?

Abureaucratic system of decision-making
Blong response time to changing economic events
Can absence of incentives to work and to produce
Dan emphasis on the production of capital goods

✓ Correct answer

D: an emphasis on the production of capital goods

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About this question

Topic
Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, May/June 2021 Paper 1 Variant 2, question 2.

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