C-01-Q118mediumsingle_mcq
Mr. Nabil went to a super shop to buy sugar and noticed that the price of the sugar had increased significantly compared to the previous week. As he was about to leave without buying sugar, another customer informed him that sugar was being sold at a lower price at a nearby government sales centre. He then bought sugar from there. This reminded him of a business trip he had taken last year where all products were produced by the government and sold at the price set by the government. What type of economic system exists in country A (Mr. Nabil's country)?
Mr. Nabil went to a super shop to buy sugar and noticed that the price of the sugar had increased significantly compared to the previous week. As he was about to leave without buying sugar, another customer informed him that sugar was being sold at a lower price at a nearby government sales centre. He then bought sugar from there. This reminded him of a business trip he had taken last year where all products were produced by the government and sold at the price set by the government. What type of economic system exists in country A (Mr. Nabil's country)?
- aIslamic
- bMixed
- cCapitalist
- dSocialist