From which of the following is the word "economy" derived?
A) one who consumes goods
B) one who manages a household
C) one who participates in a market
D) one who governs a country
Correct Answer:
Verified
Q2: Why do both households and societies face
Q3: When is a good considered scarce in
Q4: Which word comes from the Greek word
Q5: Approximately what percentage of the world's economies
Q6: How are goods and services allocated in
Q8: What do economists study?
A) how people make
Q9: When does scarcity exist?
A) when there is
Q10: What concept is illustrated by the adage,
Q11: What is NOT included in the decisions
Q12: What concept does economics primarily deal with?
A)
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