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Author Question: In a business cycle, a peak marks the end of an expansion and the beginning of a recession. a. True ... (Read 93 times)

DyllonKazuo

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on: Jun 30, 2018
In a business cycle, a peak marks the end of an expansion and the beginning of a recession.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following statements are true?
 a. Wealthy people face scarcity.
 b. As a result of scarcity, individuals must make choices and face trade-offs.
  c. It is impossible to satisfy unlimited human wants with limited resources.
  d. All of the above are true statements.


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ApricotDream

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


DyllonKazuo

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

jomama

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Reply 3 on: Yesterday
Excellent

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