The soft-budget constraint manifested itself in

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Question 15
The soft-budget constraint manifested itself in
soft credit, taxes, subsidies, administrative prices, and other economic measures.
private receivership.
O soft skills development.
O progressive and largely efficient production quality benchmarks.
Question 16
The economic evidence suggests that post-socialist economies of the CEE/FSU:
with similarities, followed one common pattern of reform.
despite similarities, followed diverse patterns of post 1990s development.
have achieved the goals of exceeding average OECD income per capita.
O have ALL recovered and exceed the pre-1989 income per capita levels.
Transcribed Image Text:Question 15 The soft-budget constraint manifested itself in soft credit, taxes, subsidies, administrative prices, and other economic measures. private receivership. O soft skills development. O progressive and largely efficient production quality benchmarks. Question 16 The economic evidence suggests that post-socialist economies of the CEE/FSU: with similarities, followed one common pattern of reform. despite similarities, followed diverse patterns of post 1990s development. have achieved the goals of exceeding average OECD income per capita. O have ALL recovered and exceed the pre-1989 income per capita levels.
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