Multiple Choice
In economics,what word is used to describe the act of using goods or services to satisfy wants?
A) consumption
B) production
C) purchasing power
D) investment
E) shopping
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q107: Suppose there are only three alternatives to
Q108: If an economy exhibits the specialization of
Q109: On a diagram of a production possibilities
Q110: An economic system that relies primarily upon
Q111: Suppose one unit of labour can produce
Q113: The downward-sloping line in the diagram below
Q114: The table below illustrates that,in one day,Tristan
Q115: Katie and Hugh are producing pies and
Q116: Which of the following represents a typical
Q117: An important insight by Adam Smith,which was