Question

Economics solves all of the following problems except for what commodities should be produced for whom...

Economics solves all of the following problems except for

what commodities should be produced

for whom should goods be produced

what role should foreign governments play in the government of the United States

how should goods be produced

Homework Answers

Answer #1

The problems of what commodity should be produced, for whom should goods be produced, and how should good be produced are called the the central problems of the economy. These problems are are solved by the economics. The problem of what role should foreign governments play in the Government of the United States is not the concern of Economics. Hence economics does not solve the problem of what role should foreign governments play in the Government of the United States.

Hence, third option is correct.

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