The choices made by economic decision makers:
A) are government decisions only.
B) are the primary focus of economics.
C) are not important in economic analysis.
D) occur infrequently.
E) do not involve ordinary citizens.
Correct Answer:
Verified
Q26: In economics,capital refers to:
A)money.
B)stocks,bonds,and other financial assets.
C)the
Q27: An entrepreneur:
A)always makes a profit.
B)generally avoids risky
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Q30: As resources are scarce,_.
A)opportunity costs are zero.
B)people
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A)include bodies of water,trees,oil reserves,and minerals.
B)are
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Q36: Which of the following is a service?
A)Anything
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