Currency rates of exchange are determined by

Using the data in the above table, what is the average product of three employees?

A) 2 pizzas per hour B) 3 pizzas per hour C) 4 pizzas per hour D) 12 pizzas per hour

The decision about what goods and services will be produced in a centrally planned economy is made by

A) producers deciding what society wants most. B) lawmakers in the government deciding on what will be produced. C) consumers dictating to firms what they need most. D) workers deciding to produce only what the boss says must be produced. E) consumers and firms choosing which goods and services to buy or produce.