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

Author Question: Economics is best defined as the science of choice and how people cope with A) differences in ... (Read 53 times)

fox

  • Hero Member
  • *****
  • Posts: 540
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
Answer to Question 1

C

Answer to Question 2

A




fox

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library