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Author Question: The perpetual problem of scarcity forcing people to make choices is the basis for the definition of ... (Read 122 times)

Jkov05

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on: Jun 30, 2018
The perpetual problem of scarcity forcing people to make choices is the basis for the definition of economics.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Economists use ____ economic analysis to understand an individual market. They then use ____ economic analysis to guide future national economic policy.
 a. b and d b. macro; micro
  c. positive; normative d. normative; positive


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Loise Hard

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

True

Answer to Question 2

c


Jkov05

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Mochi

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Reply 3 on: Yesterday
Excellent

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