A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2010 · Q11 Mark
What is the central problem for an economy?
Ato achieve maximum growth in production
Bto allocate resources between alternative uses
Cto ensure all resources are fully exploited
Dto overcome inequalities in income distribution
✓ Correct answer
B: to allocate resources between alternative uses
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