Which Two of the Ten Principles of Economics Are Illustrated

Multiple Choice

Which two of the Ten Principles of Economics are illustrated in this chapter?

A) A country's standard of living depends on its ability to produce goods & People face tradeoffs.
B) Prices rise when the government prints too much money & Governments can sometimes improve market outcomes.
C) Governments can sometimes improve market outcomes & People face tradeoffs.
D) People face tradeoffs & Prices rise when the government prints too much money .