An efficient economy is one that makes the best use of all its goods and services. This definition emphasizes the optimal allocation and utilization of resources to achieve maximum production and satisfaction of needs and wants within the economy.
An efficient economy is one that _____.
has very few people who do not work for a living
makes the best use of all its goods and services
makes the least costly use of its resources
uses its resources to make the most goods and services
1 answer
1 answer