Which is not one of the Five Fundamental Questions?
A) How will the goods and services be produced?
B) Who will get the goods and services?
C) How will the system accommodate change?
D)What goods and services should be produced by government?
D)What goods and services should be produced by government?
Economics
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Which of the following is an example of technological progress?
A) the invention of the air conditioner B) the invention of LCD televisions C) an increase in corn output resulting from genetic engineering D) all of the above
Economics
The amount of a commodity that buyers in the market would like to purchase at a particular price is
a. equilibrium b. quantity supplied c. quantity produced d. infinite e. quantity demanded
Economics