# In a centrally planned economy,? with Answer - International Relations Mcqs | TestPrep

> Solved MCQ: In a centrally planned economy, Correct Answer: B. government officials set prices. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# In a centrally planned economy,

Direct Answer & Quick Reference

The correct option is **B. government officials set prices**.

A. business leaders set production quotas and report them to government, which holds them accountable

B. government officials set prices **(Correct Answer)**

C. supply and demand are key indicators of prices and production levels

D. all of these are the case: government officials set prices; business leaders set production quotes and report them to government; and supply and demand are key indicators of prices and production levels

Verified Key: B. government officials set prices
Solved by 4,126+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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*Source: https://test-prep.blog/mcq/in-a-centrally-planned-economy-0a3e65f4-ac28-425f-80ac-4b5ec498ba5c*
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