A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · May/June 2015 · Q21 Mark
The transition of the former Soviet Union from a planned economy towards a market economy was accompanied by a reduction in the proportion of incomes that households saved. What could explain this?
Aan increase in income inequality
Ban increase in job insecurity
Cincreased availability of consumer goods
Dthe introduction of charges for hospital treatment
✓ Correct answer
C: increased availability of consumer goods
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