Economics is a:
A) social science that deals with making choices among alternatives.
B) natural science that concerns itself with allocating relatively scarce resources among alternative ends.
C) science that has no theories or models based on the scientific method.
D) humanities course that mainly concerns itself with limited wants versus unlimited resources.
Ans: A) social science that deals with making choices among alternatives.
You might also like to view...
One difference between the assets included in M1 and those added to calculate M2 is that items in M1 are
A. better stores of value than those added to compute M2. B. more liquid than those added to compute M2. C. less liquid than those added to compute M2. D. larger than those added to compute M2.
The turnover view of unemployment stresses that
A) most job vacancies have skill requirements not possessed by the unemployed. B) many job vacancies are located in different areas of the country than are the unemployed. C) there exist incentives for workers to refuse to accept jobs. D) there exists racial/and or sex discrimination against some workers.
List and briefly explain the primary goals of the Fed
What will be an ideal response?
Equity Securities
What will be an ideal response?