Related to the Economics in Practice on p. 36: In all societies, resources are limited relative to people's demands, and there are ________ trade-offs individuals face in rich countries versus poor countries.
A. virtually no differences in the types of
B. large differences in the kinds of
C. more important
D. fewer
Answer: B
You might also like to view...
Discount Rate
What will be an ideal response?
In which of the following cases did the government break up a monopoly?
A. Staples/Office Depot B. Interstate Bakeries and Continental Bakery C. Xidex D. AT&T
Utility is the pleasure, satisfaction, or enjoyment derived from consumption.
Answer the following statement true (T) or false (F)
Since 1950
A) the average length of expansions in the United States have become longer as compared to before 1950. B) the average length of expansions in the United States are about the same length as compared to before 1950. C) the average length of expansions in the United States have become shorter as compared to before 1950. D) economic expansions in the United States have been so short that expansions barely exist.