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Which Statement Best Describes a Command Economy

Question 7

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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