142 the 3 key economic questions every society must answer: who what and how as we have been learning, everyone is forced to deal with scarcity. Economics exam questions and economics exam answers to help students study for microeconomics exams and be prepared for classes. Please help me anyone suppose the central bank wants to achieve an inflation rate equal to 1% and the current growth rate of real gdp is 2% if the. Here are some questions i'm thinking about 1) us policy: this is probably the biggest downside risk for the us economy in 2013 i assume some sort of.
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- The four basic economic questions are: what goods to produce, how to use resources in the production process, who receives the finished goods and when to produce the.
- -what should the economy produce market economies use price to answer this question for example, product x at a very high price may not sell, thus.
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