In the economic way of thinking, "scarcity" is another way of saying

A) "regret."
B) "responsibility."
C) "unsustainable."
D) "sacrifice."
E) "waste."


D

Economics

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TANF sends block grants of a fixed amount from the federal government to the states

Indicate whether the statement is true or false

Economics

If you win money in a casino you may be more likely to spend that money than your hard-earned cash. This is called:

a. compartmentalizing b. self control c. rule of thumb d. anchoring

Economics

A decrease in the domestic _____ causes domestic goods to become less expensive relative to foreign goods and increases net exports. The increase in net exports causes a(n) _____ in the quantity of domestic aggregate goods and services demanded and is known as the _____ effect

Fill in the blank(s) with correct word

Economics

An increase in the budget deficit causes domestic interest rates

a. and investment to rise. b. to rise and investment to fall. c. to fall and investment to rise. d. and investment to fall.

Economics