Multiple Choice
Which statement demonstrates one of the three principles of economy-wide interactions?
A) A student chooses to rent a movie with friends,rather than study for an economics quiz.
B) Your roommate offers to pay for the movie tickets if you drive to the theatre.
C) A city builds a new public park on the grounds of an abandoned warehouse.
D) In 2008,fearing a recession,the federal government approved a proposal to rebate some taxes for 2007.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: The BEST measure of the opportunity cost
Q31: An increase in efficiency means that an
Q56: When a chef prepares a dinner for
Q76: Which question is an example of marginal
Q77: Overall,trade between Canada and the United States
Q82: Which statement is CORRECT?<br>A)Resource scarcity is not
Q100: An economy is efficient if it is:<br>A)possible
Q105: If an economy is efficient:<br>A)all goods are
Q149: Because one person's spending is another person's
Q186: Which statement is TRUE?<br>A)The concept of equilibrium