Economic Fundamentals

One of the three economic questions is: ____ to produce?

One of the three economic questions is: ___ to produce it?

One of the three economic questions is: For ____ to produce?

Which economic system does the government answer all the questions?

• Command

• Market

• Traditional

• Mixed

Which economic system do the buyers and sellers answer all the questions?

• Command

• Market

• Traditional

• Mixed

Which economic system do the buyers and sellers as well as the government answer all the questions?

• Command

• Market

• Traditional

• Mixed

Which economic system do the tribal leaders, rituals or customs answer all the economic questions?

• Command

• Market

• Traditional

• Mixed

Which of the following goals deals with the ability to choose what to do with your time, money or labor?

• Economic Security

• Economic Freedom

• Economic Growth

• Economic Stability

Which of the following economic goals deals with protection from risks?

• Economic Security

• Economic Freedom

• Economic Growth

• Economic Stability

Which of the following economic goals deals with expanding the economy?

• Economic Security

• Economic Freedom

• Economic Growth

• Economic Stability