The three basic economic decisions are:
A) what to produce, how to produce, and what prices to charge.
B) how to produce, who should produce, and what they should be paid.
C) what to produce, how to produce, and who receives what has been produced.
D) what goods and services should be consumed, what these goods and services should cost, and how much people should earn.
Correct Answer:
Verified
Q2: The basic economic decisions are faced:
A) in
Q3: The basic economic decisions:
A) apply only to
Q4: Which of the following is NOT a
Q5: Every country in the world, regardless of
Q6: The way a society is organized to
Q7: Decisions about what goods and services will
Q8: With reference to the basic economic decisions,
Q9: A society's economic system is defined by:
A)
Q10: The way in which a country makes
Q11: Which of the following statements best describes
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