Multiple Choice
Economics is primarily the study of:
A) how choices are made because of scarcity.
B) corporate balance sheets and income statements.
C) how to operate a business.
D) how to make money in the stock market.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Difficulty in prediction social sciences is the
Q8: The branch of economics that studies the
Q26: Fundamentally, economics is concerned with:<br>A)how scarce resources
Q43: Economists assume that most individuals act as
Q70: What is the difference between dependent and
Q110: Why would economists disagree over positive analysis?
Q120: Which of the following represents a normative
Q130: Which of the following lies primarily within
Q170: When President Harry Truman said that he
Q178: The ceteris paribus assumption is used in