Which of the following statements is false?
A) Many planned economies have not fared very well in recent years; many of these economies have almost completely collapsed.
B) Command economies operate the most efficiently because the government makes all the production decisions.
C) In command economies, consumers still exercise choice.
D) In a command economy, the government answers the questions of what to produce, how to produce it, and how to distribute it.

Question

Quizplus · Accepted Answer

Command economies do not operate efficiently, as seen in the history of many planned economies. Additionally, in a command economy, consumers have limited or no choice as the government makes all production decisions.

Which of the Following Statements Is False