Multiple Choice
"Natural resources" refers to
A) bodies of water
B) trees
C) oil reserves
D) minerals
E) All of the answers are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Economic theory<br>A)expresses normative values<br>B)invents imaginative and interesting
Q20: An economic model<br>A)always has a mathematical foundation<br>B)can
Q48: Economics studies how decision makers use scarce
Q73: A normative economic statement<br>A)is a hypothesis used
Q79: Most economists consider a theory a good
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