Which of the Following Statements Is True

question 199

Multiple Choice

Which of the following statements is true?

• A) Planned economies have fared very well in recent years, with many of these economies thriving.
• B) Command economies operate the most efficiently because the government makes all the production decisions.
• C) In command economies consumers still exercise choice.
• D) In a command economy, consumers answer the questions of what to produce, how to produce it, and how to distribute it.