This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economics is best defined as the science of choice and how people cope with A) differences in ... (Read 38 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


fox

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Excellent

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Earthquakes Don’t Kill People—Collapsing Buildings Do Earthquakes Don’t Kill People—Collapsing Buildings Do
Example of a choice board used in studies of decision making. This one includes four factors for ... Example of a choice board used in studies of decision making. This one includes four factors for ...
Ascaris. (Sinclair Stammers/Science Photo Library/Photo Researchers, Inc.) Ascaris. (Sinclair Stammers/Science Photo Library/Photo Researchers, Inc.)
Essentials of Economics Plus NEW MyEconLab 4th Essentials of Economics Plus NEW MyEconLab 4th
By the People: A History of the United States, AP Edition By the People: A History of the United States, AP Edition
Major phenotypic differences between maize and teosinte Major phenotypic differences between maize and teosinte
Video: Metaphase I Animation

For a complete list of videos, visit our video library