Question

A country's economic system refers to?

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Group of answer choices

whether it is lead by a president or a prime minister

the way in which it produces and distributes goods and services

the availability of productive resources to make goods and services

whether or not citizens are allowed to participate in the government process

Flag question: Question 2
Question 250 pts
What are three economic questions that every country's economy must answer?

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Group of answer choices

How to produce, when to produce, and why to produce

What to produce, how to produce, and for whom to produce

What is the price, what is the cost, and what is the opportunity

Answer 1

Q1: the way in which it produces and distributes goods and services.

Q2: What to produce, how to produce, and for whom to produce.