Asked by
Jitesh Chaudhari
on Nov 25, 2024
Verified
The fundamental economic question regarding the distribution of output in the economy is equivalent to the question of who will produce the output.
Distribution of Output
The way in which the total goods and services produced by an economy are allocated or distributed among its population.
- Gain insight into the responsibilities of persons and authorities in differing economic environments, like command and market economies.
Verified Answer
TS
Learning Objectives
- Gain insight into the responsibilities of persons and authorities in differing economic environments, like command and market economies.
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