1. All resources allocation
decisions were made by the government in the Soviet Union.
2. Consumption and production are regulated by prices in a market economy
3. In a mixed economy exchange of goods isn't entirely regulated by the
government.
4. The prices and levels of consumption of different goods and services are
being monitored by the economists.
5. Society's production and consumption levels are analysed by economics.
6. A decision to start producing new machines has been made by the company.
7. The ideas of Karl Marx had been studied and discussed by economists for over
sixty years before they were put into life by Russians.
8. If enough resources are allocated by us to agriculture, a high level of
production will be achieved.