What do economists study?
A) how people make decisions
B) how governments interact with one another
C) the forces and trends that affect only the economy as a whole
D) how societies change over time
Correct Answer:
Verified
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
Q7: From which of the following is the
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)
Q13: Which good best meets the definition of
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