Question : Of the three fundamental questions in economics, the "distribution" question has to do
with
Option 1: Who will receive the output
Option 2: How the output will be shipped from the place of production to the consumer
Option 3: How economic resources are distributed to producers
Option 4: What products will be produced
Correct Answer: Who will receive the output
Solution : The correct answer is (a) Who will receive the output.
The distribution question in economics pertains to how the produced goods and services are allocated among individuals or groups in society. It involves determining who will receive the output of the economy's production. This encompasses issues of income distribution, wealth distribution, and the fairness or equity of how resources and benefits are distributed among the members of society.
