The fact that a rock star earns $5 million a year while a teacher earns $25,000 annually is most directly an example of an economy answering the ________ part of one of the two big economic questions.
A) "when"
B) "why"
C) "for whom"
D) "how"
Correct Answer:
Verified
Q178: The study of the changes in the
Q180: Macroeconomics differs from microeconomics in that
A)macroeconomics studies
Q181: To graph a relationship among several variables,
Q182: Economic models
A)include all relevant facts.
B)always use graphs.
C)simplify
Q184: The slope of a curved line can
Q185: The slope of a straight line is
A)increasing.
B)decreasing.
C)constant.
D)variable.
Q186: Q187: Positive and normative statements differ in that Q188: When a farmer decides to raise pigs Q421: ![]()
A)normative![]()
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