This topic contains a solution. Click here to go to the answer

Author Question: Economics is best defined as the science of choice and how people cope with A) differences in ... (Read 97 times)

fox

  • Hero Member
  • *****
  • Posts: 540
Economics is best defined as the science of choice and how people cope with
 
  A) differences in wants.
  B) differences in needs.
  C) scarcity.
  D) different economic systems.

Question 2

Moving upward along the short-run aggregate supply curve results in a ________ in the price level and ________ in real GDP.
 
  A) rise; an increase
  B) rise; a decrease
  C) fall; an increase
  D) fall; a decrease



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lolol

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

C

Answer to Question 2

A




fox

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library