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Quiz
Related Lesson
Calculation of profit and loss
Knowledge Check
Knowledge Check
Question 1 of 4
Ludwig von Mises and F.A. Hayek took part in the “Socialist Calculation Debate.” They argued that,
a.
centrally planned economies would outperform capitalist countries
b.
centrally planned economies would be less efficient than capital countries
c.
centrally planned economies and capitalist economies would be equally efficient and perform equally well
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Course
Development Economics
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