When a Country Like North Korea Is Characterized as a Command

Multiple Choice

When a country like North Korea is characterized as a command economy, it's because most prices are

A) determined in the market, and they usually lead to market failures.
B) set by the government, which usually leads to inefficiencies.
C) determined in the market, and they result in efficient outcomes.
D) set by the government, and they result in efficient outcomes.
E) determined in the market, and they usually lead to inefficiencies.