Determining the resources that are to be allocated to a good's output is one of the functions of an economy.
Correct Answer:
Verified
Q35: Economic goods are only material and tangible.
Q36: Economic goods have monetary value because they
Q37: All productive resources-labor, natural resources, and capital-are
Q38: Adam Smith argued that economic freedom would
Q39: Which of the following is not a
Q41: Economics is the study of the social
Q42: In the pre-1990 Soviet economy, no workers
Q43: The fact that socialist economies were significantly
Q44: Unplanned economies rely on markets to control
Q45: Elements of socialist thought have influenced the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents