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Q: What term describes the act of limiting the types of goods and services produced?
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What determines what goods and services are produced?

Consumers determines what goods and services are produced.


What are the four fundamental economic questions?

What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?


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gross domestic product


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Which statement most accurately describes the Gross Domestic Product?

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What goods and services are produced?

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