Question

Which of the following statements best describes Russia’s current economy?

A. It is a command economy where the government controls all aspects of the economy.

B. It is a mixed economy but owns transportation, banking, and defense-related businesses.

C. Its energy-based industries are privatized, but Russia controls defense-related businesses.

D. Its economy is similar to Britain and Germany in its reliance on markets.

Answer 1

The answer is B. Let me know if it helps!

Answer 2

Russia economy follows ups and downs in the world market and it mainly owns business related to transportation, banking and defense relations.

Answer: B

Step-by-step explanation:

Currently, Russia's economy is sixth largest economy in the world. The unemployment, inflation rate is less than 5%. The GDP per capita income has been increased recently for the Russian economy.

The Russian economy is marked as the twelfth largest exchange economy. In 2016, US company Bloomerang has represented Russia as 12th largest economy.

In 2017, its GDP rate and GDP per capita income increased to a high extent.