Friday, July 8, 2011

Every economy must answer each of the following questions except one

ECONOMICS

Multiple Choice

Every economy must answer each of the following questions except one. Which is the exception?

a.Which goods will be produced?

b.Why are these particular goods produced?

c.Which resources should be used?

d.How should resources be combined to produce each product?

e.Who will actually consume the goods produced?

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