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Which of the following is not a basic economic question that a society must address?

a. What goods and services should we produce?

b. For whom, should we produce goods and services?

c. How should we produce goods and services?

d. Where are we going to produce the goods and services?

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Mahe Alam
Mahe AlamLv10
15 Sep 2020
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Related questions

___ are the inputs we use to produce goods and provide services.

 

a) Economic resources.

b) Human resources.

c) Non-human resources.

d) All of these.

 

The problem of determining what goods and services society should produce exist because: 
a. resources are scarce
b. resources are plentiful
c. most of our resources are privately rather than socially owned.
d. most of our resources are socially owned rather than privately owned.
e. other countries can provide us with most of the things that we now produce ourselves.
 

Which of the following is NOT a key economic question?
a. How should these goods and services be produced?
b. How should it be ensured that goods and services are paid for?
c. What goods and services should be produced?
d. Who consumes these goods and services?

 

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