Multiple Choice
Three Ps of capitalism are
A) prices,performance,and progress.
B) prices,privilege,and profits.
C) privilege,production,and profits.
D) prices,profits,and private property.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 2-2
Q24: The organization of productive activities among persons
Q25: In general,specialization allows<br>A)constant opportunity costs.<br>B)greater self-reliance.<br>C)the production
Q26: When a society forgoes current consumption to
Q27: One assumption underlying the production possibilities curve
Q29: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 2-2
Q30: Does the production of capital goods imply
Q31: International trade allows the world to<br>A)move away
Q32: A person has a comparative advantage in
Q33: Which of the following is NOT one