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 99 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
Wow, this really help

ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Vocational interests seem to be established well before adulthood, and young people of all ages ... Vocational interests seem to be established well before adulthood, and young people of all ages ...
Johari window showing differences in quadrants between "new job" and "intimate ... Johari window showing differences in quadrants between "new job" and "intimate ...
Differences in the antigen-processing pathways between MHC molecules class I and class II. Differences in the antigen-processing pathways between MHC molecules class I and class II.
The Nature of Environmental Science: A fireman battles with a forest fire The Nature of Environmental Science: A fireman battles with a forest fire
Economics question Economics question
Survivorship curves for people in the United States in the early 20th and early 21st centuries Survivorship curves for people in the United States in the early 20th and early 21st centuries
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library