When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services, what basic economic question are they answering?
A.
How to produce?
B.
For whom to produce?
C. How much capital should be raised?
D. What to produce?

The president of the island nation of winstone refuses to raise taxes, but wants to expand many government services and increase the size of winstone's armed forces. he plans to pay for all of the desired expenditures by printing more money. if the president carries out his plan by rapidly increasing the supply of money, winstone will likely experience:

Arecession is the total value of all goods produced in a country in a given year total value of all goods and services produced in a country in a given year total amount of money earned in a nation over a specific period of time none of the answers are correct.

Match the following items 1. formed by theodore roosevelt in 1912 2. republican president 3. a person who currently holds an office 4. democratic president 5. formed by ross perot in 1992 6. to yield or surrender; admit or acknowledge options; a. jimmy carter b. dwight d. eisenhower c.bull moose party d. united we stand party e. concede f. incumbent