With Regard to Various Economic Systems, Most Economists Agree That

Multiple Choice

With regard to various economic systems, most economists agree that

A) most production and consumption decisions are more efficiently coordinated by markets than through central planning.
B) the mix of market and command principles that exists in Canada is the best.
C) command economies have been very successful in distributing income in socially just ways.
D) the optimal mix of market and command systems remains constant over time.
E) government intervention in the economy is only justified in time of war.