The Three Fundamental Questions That Any Economy Must Address Are

question 216

Multiple Choice

The three fundamental questions that any economy must address are:

• A)What will be the prices of goods and services; how will these goods and services be produced; and who will receive them?
• B)What goods and services to produce; how will these goods and services be produced; and who receives them?
• C)Who gets jobs; what wages do workers earn; and who owns what property?
• D)How much will be saved; what will be produced; and how can these goods and services be fairly distributed?

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Definitions:

5-Star Service Rating

A rating system used to evaluate the exceptional quality of service provided by businesses.

Waiter

A person who takes orders and serves food and beverages to guests in a dining establishment.

Performance Review

An evaluation of an employee's work performance over a specific period of time.

Appreciation

The recognition and valuing of the qualities or achievements of someone or something, often leading to a positive emotional response.