Question 13
EasyOriginal questionWhich of these is NOT one of the three central problems of an economy?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
The three central problems are what to produce, how to produce and for whom to produce.
Printing money is a matter of monetary policy, not one of the three.
- Concept
- The three central problems
- Typical timeTypical
- 40 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Central Problems & the PPC, at your own pace.