Author Question: An economy's resources: a. are limited in quantity. b. are always efficiently utilized. c. ... (Read 57 times)

APUS57

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An economy's resources:
 a. are limited in quantity.
  b. are always efficiently utilized.
  c. consist of land, labor, capital, and money.
  d. are unrelated to its standard of living.
  e. are unlimited when we use the latest technology.

Question 2

Positive incentives do not:
 a. increase benefits.
 b. result in an increased level of the related activity.
  c. reduce costs.
 d. discourage consumption.



janeli

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Answer to Question 1

a

Answer to Question 2

d



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