Societies make decisions about what type of goods to produce by: O A. determining which good is the scarcest.
O B. considering their people's wants and needs.
O c. differentiating between physical and human capital.
D. choosing which factor of production is most important.

Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Keshawn used to work for an it company in baltimore, but lost his job when his company decided to use workers in new delhi instead. this is an example of: