menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 2
  4. Exam
    Exam 2: Resource Utilization
  5. Question
    The Central Fact of Economics Is
Solved

The Central Fact of Economics Is

Question 148

Question 148

Multiple Choice

The central fact of economics is


A) production.
B) distribution.
C) equilibrium.
D) efficiency.
E) scarcity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q143: When business firms get to be too

Q144: The main reason our standard of living

Q145: Unlimited wants need not be a problem

Q146: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -In 1944 the

Q147: Unemployment means<br>A)the same as underemployment.<br>B)a recession.<br>C)slow economic

Q149: If our nation is operating at full

Q150: Which of the following does not illustrate

Q151: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -Which statement is

Q152: If our unemployment rate is 10 percent

Q153: If you own a building and you

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines