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 46 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
Gracias!


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library