Multiple Choice
The coordination task of any economy that answers the question of how output shall be divided among consumers may best be described as
A) output selection.
B) production planning.
C) distribution.
D) input-output analysis.
Correct Answer:

Verified
Correct Answer:
Verified
Q161: Goods are distributed efficiently if everyone gets
Q162: Politicians and citizens may often choose policies
Q163: Input-output analysis is rarely used because<br>A)it requires
Q164: The slope of a typical production possibilities
Q165: Prices set too low can actually be
Q167: An efficient allocation of resources is demonstrated
Q168: Scarcity limits the volume of goods that
Q169: Prices influence the distribution of income by
Q170: Under a laissez-faire system,<br>A)government organizes production and
Q171: Using prices to promote efficiency in the