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

Author Question: Economics is best defined as the study of how people, businesses, governments, and societies A) ... (Read 47 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
Economics is best defined as the study of how people, businesses, governments, and societies
 
  A) choose abundance over scarcity.
  B) make choices to cope with scarcity.
  C) use their infinite resources.
  D) attain wealth.

Question 2

The long-run aggregate supply curve is ________ because along it, as prices rise, the money wage rate ________.
 
  A) vertical; falls
  B) vertical; rises
  C) upward sloping; falls
  D) upward sloping; stays constant



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessicaduplan

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

B

Answer to Question 2

B




clippers!

  • Member
  • Posts: 828
Reply 2 on: Jun 29, 2018
Excellent


ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

For a complete list of videos, visit our video library