For each of the following, indicate whether it is more likely to be associated with a laissez-faire economy or a centrally planned economy.
1) Fundamental economic questions such as what is produced, who will receive the output, what is the price, are answered by a political bureau.
a) Centrally planned economy
b) Laissez-faire economy
2 )A farmer must turn over 90% of his harvest to the government for distribution.
a) Centrally planned economy
b) Laissez-faire economy
3) Laws governing those who can practice dentistry are abolished.
a) Laissez-faire economy
b) Centrally planned economy