Question : Following are the central problems of an economy:

Option 1: What to produce

Option 2: How to produce

Option 3: For whom to produce

Option 4: All of the above

Question : Which economic problem involves the theory of distribution

Option 1: What to produce

Option 2: For whom to produce

Option 3: How to produce

Option 4: None

Question : The fundamental or central economic problem of every society is

Option 1: What to produce

Option 2: How to produce

Option 3: For whom to produce

Option 4: All of the above

Question : Which of the following deals with the process of simplification of import - export?

Option 1: Liberalisation 

Option 2: Privatisation 

Option 3: Globalisation 

Option 4: None of the above

Question : In a free-enterprise economy, the question of what, how and for whom to produce are solved by

Option 1: The price mechanism

Option 2: A planning forum

Option 3: The elected representatives of the people

Option 4: None of the above