This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the 1974 Constitution of the former Yugoslavia, nobody in Yugoslavia owns resources. ... (Read 122 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 29, 2018
According to the 1974 Constitution of the former Yugoslavia, nobody in Yugoslavia owns resources. Being a socialist country, the constitution claimed resources were owned by society as a whole. According to the economic way of thinking,
 
  A) their economic problem would be solved.
  B) resources would finally be used efficiently, because the profit motive would be destroyed.
  C) people would use Yugoslavia's resources wastefully because they themselves wouldn't have to pay the opportunity cost.
  D) the central planners would know how to calculate the true values and costs of resource use.

Question 2

According to the 1974 Constitution of the former Yugoslavia, nobody in Yugoslavia owns resources. Being a socialist country, the constitution claimed resources were owned by society as a whole.
 
  If the constitution were fully enforced, resources would tend to be A) used for the common good.
  B) used without greed and materialistic interests.
  C) free from the constraints of scarcity.
  D) underpriced.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emily12345

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


kfurse

  • Member
  • Posts: 590
Reply 2 on: Jun 29, 2018
Wow, this really help

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Timing of teratogens. Vulnerability to teratogens is greatest in the embryonic period. Source: Moore Timing of teratogens. Vulnerability to teratogens is greatest in the embryonic period. Source: Moore
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
A cartoon of “King Andrew the First” shows Jackson standing atop the U.S. Constitution—a scepter in A cartoon of “King Andrew the First” shows Jackson standing atop the U.S. Constitution—a scepter in
Functionalist and Conflict Views of Stratification: The Distribution of Society's Resources Functionalist and Conflict Views of Stratification: The Distribution of Society's Resources
Earth’s Mineral Resources Earth’s Mineral Resources
In 1974 a UC Berkeley group fired an oxygen nucleus at a californium target. Giv In 1974 a UC Berkeley group fired an oxygen nucleus at a californium target. Giv
Video: Pores and Ion Channels

For a complete list of videos, visit our video library