Which of the Following Best Distinguishes a "Command Economy" from a "Market

question 28

Multiple Choice

Which of the following best distinguishes a "command economy" from a "market economy?"

• A)​A command economy is more efficient than a market economy because decision making is centralized.
• B)​There is scarcity in command economies, but not in market economies.
• C)​Command economies are less prone to inflation than are market economies.
• D)​Production and distribution decisions are made by central planners in a command economy, but not in a market economy.

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