Which Statement Best Describes a Command Economy

question 67

Multiple Choice

Which statement best describes a command economy?

• A) The production of goods and services is determined primarily by markets,but the allocation of goods and services is determined primarily by government.
• B) The production of goods and services is determined primarily by government,but the allocation of goods and services is determined primarily by markets.
• C) The production and allocation of goods and services is determined primarily through markets.
• D) The production and allocation of goods and services is determined primarily through government.

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Definitions:

Treatment

The act of dealing with a disease, disorder, or injury using medical, therapeutic, or other interventions to alleviate symptoms or achieve recovery.

Data

Information collected for reference or analysis, often in numerical form.

High Correlation

Refers to a strong relationship between two variables indicating that as one variable changes, the other also changes in a predictable pattern.

Measures

Tools or instruments used to assess, quantify, or evaluate a particular variable or set of variables.