In Chapter 1, Economic Thinking Is Discussed Around a Model

Multiple Choice

In Chapter 1, economic thinking is discussed around a model of the "zero-sum game." This implies:

A) that one player's gain is another one's loss
B) that the economy is essentially dynamic and value-adding
C) that the economy is essentially static
D) that the economy can be viewed as a casino for gamblers
E) that the sum of all efforts is often zero for everyone