Multiple Choice
What are the three fundamental questions in economics?
A) What to produce,how to produce it,and for whom is it produced.
B) Is it necessary,is it right,and is it valuable.
C) Who should produce,what is the right way to produce,and how should we decide.
D) What to produce,how to produce it,and who should produce it.
Correct Answer:
Verified
Correct Answer:
Verified
Q32: All of the following except one are
Q33: Macroeconomics focuses on the outcomes of decisions
Q34: Below are some production possibilities data for
Q35: The following table shows the production possibilities
Q36: What does the term technology mean to
Q38: Productivity refers to which type of efficiency?
Q39: The following table shows the production possibilities
Q40: Which of the following statements concerning capitalism
Q41: The graph below is Mendork's production possibility
Q42: What term is used to describe the