Which of the following is true"
a. To choose is to lose
b. Scarcity forces us to compete, but not to choose.
c. Scarcity forces us to choose, but not to compete.
d. Economic principles would be irrelevant if scarcity was eliminated.
a
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If the interest rate were to rise, we expect that
A) autonomous expenditures will rise. B) the supply of money will fall. C) the amount of money people want to hold will rise. D) the amount of money people want to hold will fall.
An example of a public good is:
A. national defense. B. libraries. C. timber. D. natural gas.
What are some of the suggested remedies for the U.S. trade deficits? What remedies have been attempted? What remedies are left to try?
What will be an ideal response?
Which one of the following people is structurally unemployed?
A) a Saskatchewan welder who lost her job when her company relocated to B. C. and is currently looking for a job B) a Nova Scotia fishery worker who is searching for a better job closer to home C) an office worker who has lost her job because of a general slowdown in economic activity D) a steel worker who is laid off but who expects to be called back soon E) none of the above