All economic systems must answer certain fundamental economic questions.Which is not one of these questions?
A) Which actions should government take to reduce inflation?
B) How will the goods and services be produced?
C) What goods and services will be produced?
D) Who is to receive the output?
Correct Answer:
Verified
Q36: The process in which workers do specialized
Q37: In a market economy,entrepreneurs are most concerned
Q38: Specialization and trade are beneficial to society
Q39: The maximization of profit and the minimization
Q40: Which condition will encourage competition?
A) Government licensing
Q42: Issues of the distribution of goods and
Q43: Consumer sovereignty and "dollar votes" are most
Q44: An economic system in which money is
Q45: What to produce in a market economy
Q46: Economic efficiency would be primarily discussed with
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