Multiple Choice
In every economic system,scarcity imposes limitations on
A) households,business firms,governments,and the nation as a whole
B) households and business firms,but not the governments
C) local and state governments,but not the federal government
D) households and governments,but not business firms
E) business firms,governments,and the nation as a whole
Correct Answer:

Verified
Correct Answer:
Verified
Q127: A critical assumption differs from a simplifying
Q128: Understanding the distinction between positive and normative
Q129: When economists disagree about whether legislation is
Q130: The statement "The unemployment rate in the
Q131: Microeconomics is the branch of economics that
Q133: The idea of opportunity cost suggests that
Q134: In one year,a weapons plant can manufacture
Q135: The inflation rate for the economy as
Q136: Suppose your friends take you out for
Q137: Macroeconomics focuses on the economy as a