Which of the following is a key question that must be addressed by an economy?
A) What will be made with our resources?
B) How much will we spend producing products?
C) Where will we produce our products?
D) When should we produce our products?
Correct Answer:
Verified
Q1: Economics is the study of how _
Q2: An economy's resources include
A) raw materials.
B) factories
Q3: Economies can be organizations such as
A) households.
B)
Q5: Which of the following is a key
Q6: In a market system, the ultimate decision
Q7: In a command economy, the ultimate decision
Q8: In a mixed economy, the ultimate decision
Q9: Economies where production and distribution decisions are
Q10: Economies where some production decisions are made
Q11: Of the following countries, which is the
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