Decisions about what goods and services will be produced, how they will be produced, and who will get them, must be made in:
A) all economies.
B) market economies, but not in planned economies.
C) socialist economies, but not in capitalist economies.
D) economies based on individual decision making, but not in economies based on collective decision making.
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
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
Q12: Which of the basic economic decisions always
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