Question

Which of the following statements correctly describes the economy of Japan?

A.
It is a command economy.
B.
The government has control over all businesses.
C.
It is a highly developed economy.
D.
It is one of the smallest economies in the world.

Please select the best answer from the choices provided
A
B
C
D

Answer 1

the economy of Japan is a highly developed and market-oriented economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). ... Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates widely.

so the answer would be C. it is sa highly developed economy