The economic question of what will be produced _____
A) is primarily answered by the government in a system of pure capitalism.
B) is primarily answered by markets in a command economy.
C) is faced by all economies regardless of their wealth.
D) does not have to be answered by economies possessing great wealth.
E) cannot be illustrated by the economic concept of the production possibilities frontier.
Correct Answer:
Verified
Q138: Which of the following would shift the
Q139: On the production possibilities frontier, the opportunity
Q140: Exhibit 2.4 Q141: An economic system _
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A) must choose socialism
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