The answer to Canada’s 3 economic questions of (1) what to produce (2) how to produce and (3) for whom to produce is decided by which 2 of the following groups? Select yes or no. (1 point) Yes No parliament Yes – parliament No – parliament individuals Yes – individuals No – individuals government officials Yes – government officials No – government officials corporations Yes – corporations No – corporations
No
Yes - individuals and government officials.
The correct answer is "Yes - parliament" and "Yes - individuals."
To determine what to produce in the Canadian economy, decisions are made by the Canadian Parliament. Parliament, as the legislative body, enacts laws and policies that guide the overall direction of the economy.
Additionally, decisions about what to produce are also influenced by the preferences and demands of individuals. In a market economy like Canada, individuals have the freedom to make choices in terms of what goods and services they consume, which ultimately impacts what is produced.
Therefore, the answer to Canada's three economic questions is decided by both Parliament through policy-making and individuals through their consumption choices.