Economists like Hernando de Soto feel that a ________ is the key to economic development.
A. stable currency
B. strong titling system
C. strong currency
D. strong national defense
Answer: B
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_____________ time use investigates the meaning or significance of time use and how individuals feel about time use
a. Episodic b. Quantitative c. Qualitative d. Derisive
The saying "the lower the price, the better" may not always be correct for an economy's public interest because
a. people should have to pay for what they want. b. people will overuse something they perceive as being cheaper than the utility they receive for it. c. the government can no longer afford to provide all the goods and services it provides because it is slowly going broke. d. cheaper prices will make people buy less of other things.
John has decided to watch the sunrise tomorrow morning. The sunrise is an example of
A. an economic good. B. an economic bad. C. a service. D. a good.
As a form of business, a partnership
A) has limited liability. B) has only one owner. C) cannot issue stock. D) has the most government rules and regulations affecting it.