According to Emerson: "Want is a growing giant whom the coat of Have was never large enough to cover." According to economists, "Want" exceeds "Have" because
A) people are greedy.
B) productive resources are limited.
C) human beings are inherently insecure.
D) people are irrational.
Correct Answer:
Verified
Q2: The economic perspective entails
A) irrational behavior by
Q3: Purposeful behavior suggests that
A) everyone will make
Q4: Joe sold gold coins for $1,000 that
Q5: In deciding whether to study for an
Q6: A person should consume more of something
Q7: When economists say that people act rationally
Q8: You should decide to go to a
Q9: Economics involves marginal analysis because
A) most decisions
Q10: Purposeful behavior means that
A) people are selfish
Q11: The study of economics is primarily concerned
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