Question

1 multiple choice 2 points a company decides to install more machines and lay off workers. which economic question is being directly addressed? how to produce what to produce for whom to produce how much to produce 2 multiple choice 2 points how will late bill payments affect a persons financial health? the person will earn less annual income. the person will pay more income taxes to the government. the person will not qualify for loans for bigger purchases. the person will have more money to spend on other things. 3 multiple choice 2 points which of these is an economic goal of united states government policy? to limit competition to create a classless society to promote full employment to own the means of production

Explanation:

1. The question of how to produce is about the methods and techniques used in production. Installing more machines and laying off workers is a decision regarding the production method, so it directly addresses the "how to produce" economic question.
2. Late bill payments can negatively impact a person's credit score. A poor credit score can lead to difficulties in qualifying for loans (as lenders consider creditworthiness), which affects a person's financial health in terms of being able to make bigger purchases (like buying a house or a car).
3. Promoting full employment is an economic goal of the US government policy. Limiting competition is not a typical economic goal (as competition can drive innovation and efficiency in a market - based economy). Creating a classless society is more of a social or political ideology - related goal (not an economic goal of US government policy in the traditional economic sense). Owning the means of production is more associated with socialist or communist economic systems, not the US government's economic policy goals.

Answer:

1. how to produce
2. The person will not qualify for loans for bigger purchases.
3. to promote full employment