Multiple Choice
Which of the following is NOT a key principle of economics?
A) People follow incentives.
B) Productivity determines our standard of living.
C) Rational thinking requires perfect information.
D) Government can sometimes correct market failure.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q47: A rich person does not experience scarcity.
Q63: A theory composed of a number of
Q140: What are the benefits of learning the
Q148: There are no instances where efficient solutions
Q157: When two variables appear to be related
Q212: _ occur(s) when goods are produced at
Q227: Macroeconomics focuses on:<br>A) decisions made by individuals.<br>B)
Q230: Which is the BEST example of a
Q265: Scatter plots use time and one other
Q281: Correlation between two variables is not enough