33.
True
Reason: The mentioned issues led to decline of the socialist economies for more free market based economies
34.
True
Reason: These differences influence the type of economies and their transition process
35.
True
Reason: During the transition phase, an economy first collapses then recovers to a new one
36.
True
37.
True
38.
True
39.
True
Reason: It describes how a country’s BOT first worsens and then recovers during its transition phase
40.
Incomplete question
t/f why? S150spl7h3ed Exam-Microsh word Layout Reterences Malings Reven Ves 33. Among the factors leading to...
following statement is F/F 1. Between 1921 and 1928; the New Economy Policy allowed markets to help economic recovery in the USSR. 2. The administrative-command economy was the mechanism for resource allocation in the former USSR between 1992 and WOLRD WAR II, but was abandoned in 1946. 3. Although the Soviet Union was a large country with a large population, it had few natural resources. 4. Although the USSR had an elected government, the decision-making authority in the economy was...