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Economics is about allocating resources for doing which of the …

  • Question 2b of 25 - Allocation

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Economics is about allocating resources for doing which of the following processes involving goods and services?
  • Answers:
  1. Production and distribution
  2. Consumption and destruction
  3. Innovation and efficiency
  4. Expansion and stagnation

The correct answer is: Production and distribution. Economics involves decisions about production and distribution.

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