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Business, 07.03.2020 00:23 mikee675

The coordination problem in the centrally planned economies refers to the idea that

planners had to direct required inputs to each enterprise.
exports had to be equal to imports for a central plan to work.
the price level and the level of employment were inversely related.
the immediate effect of more investment was less consumption.

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The coordination problem in the centrally planned economies refers to the idea that

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