1. Is society's

Nations can print all the money they need.

2. What criteria do nation’s use to decide how to allocate their income?

a. Political criteria?b. Market prices?c. Religious beliefs?d. Concepts of fairness?

3. What mechanisms do nation’s use to decide how to allocate their resources?

a. Free markets?b. Private ownership of property?c. Central planning?

4. How do people determine the types of technologies to use to convert natural resources to useful goods and service?