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Author Question: _____ is the primary reason that explains why some nations are richer than the others. a. A ... (Read 119 times)

ss2343

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_____ is the primary reason that explains why some nations are richer than the others.
 a. A democratic government
  b. A strong judicial system
  c. Access to education
  d. Private ownership
  e. A stable currency

Question 2

The opportunity cost of an action:
 a. can be objectively determined only by economists.
 b. is a subjective valuation that can only be determined by the individual who chooses the action.
 c. can be determined by adding up the dollar costs incurred as a result of the action.
 d. can be determined by considering both the benefits that flow from as well as the monetary costs incurred as a result of the action.



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Jadwiga9

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Answer to Question 1

d

Answer to Question 2

b





 

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