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When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services what basic economic question are they answering?
The question markets or governments are answering when they make decisions about how to efficiently convert resources in to goods and services is How to Produce? This is part of a planned economy which tries to improve productivity.
When market governments decide how to distribute wealth money goods and services what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
Governments and businesses use incentives to?
convince people to make certain economic decisions.
In an economic system decisions need to be made about productive resources and which of the following?
Allocation
What is the word for the way a nation makes choices about how to use it resources?
The word for the way a nation makes choices about how to use its resources is "economic policy." This encompasses the strategies and decisions made by governments regarding taxation, spending, and resource allocation to influence a nation's economy. Economic policy aims to promote growth, stability, and the overall welfare of its citizens.
When markets or governments make economic decisions about what goods and service their resources will be use to make what economic decision are they answering?
What to produce
When market or governments make economic decisions about what goods and services their resources will be used to make what basic economic question are they answering?
What to produce
When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services what basic economic question are they answering?
The question markets or governments are answering when they make decisions about how to efficiently convert resources in to goods and services is How to Produce? This is part of a planned economy which tries to improve productivity.
When markets and governments make economic decisions what good s and services their resources will be used to make what basic economic question are they answering?
what to produce
When markets or governments make economic decision about how to most efficiently convert their resources into goods and service what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
When markets or governments make economic decisions about what goods and services their resources will be used to make?
The question markets or governments are answering when they make decisions about how to efficiently convert resources in to goods and services is How to Produce? This is part of a planned economy which tries to improve productivity.
When market governments decide how to distribute wealth money goods and services what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
When markets or governments make economic decisions about what goods and services their resourcers will be used to make what basic economic question are they answering?
What to produce
Governments and businesses use incentives to?
convince people to make certain economic decisions.
What is the economic system?
The Economic System are the means by which countries and governments distribute resources and trade goods and services.
In an economic system decisions need to be made about productive resources and which of the following?
Allocation
How do countries make decisions about economic resources?
they have a governer to help make dicisions
