An answer to the question "For whom" determines:

A) tastes and preferences.
B) how resources are combined in production.
C) the kinds and quantities of goods produced.
D) who gets the goods and services produced.

Ans: D) who gets the goods and services produced.

Economics

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Explain the idea of a tradeoff and think of three tradeoffs that you have made today

What will be an ideal response?

Economics

Regulatory policy used to affect credit markets is known as ________

A) fiscal restraint B) monetary policy C) Bierstadt relaxation D) macroprudential regulation

Economics