The question of 'What goods and services get produced?' most closely relates to which of the following issues?
A) The distribution of goods and services in the economy.
B) Building a missile defence system, or putting a computer in every primary school classroom.
C) Producing goods and services in the least costly manner.
D) Obtaining specialised training to increase one's income.
E) Taxing high-income workers to give payments to poor households

Question

Quizplus · Accepted Answer

The question of "What goods and services get produced?" is related to the issue of allocating resources in the economy, specifically deciding what to produce with the limited resources available. Building a missile defence system or putting a computer in every primary school classroom are examples of specific goods/services that could be produced with the available resources.

The Question of 'What Goods and Services Get Produced?' Most