Economics · Economic Planning
Which of the following statements is true about a 'Perspective Plan'?
- 1They are designed strictly for a duration of 5 years.
- 2Goals in these long-term plans may sometimes be in conflict with each other.✓
- 3It comprises only specific short-term goals and general objectives.
- 4Equal importance is given to each goal in these plans.
Correct answer
Goals in these long-term plans may sometimes be in conflict with each other.
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