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American Military University ECON 101: ECON 101 Tests 1-3.
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American Military University ECON 101: ECON 101 Tests 1-3. Question 1 10 / 10 points The branch of economics that examines the impact of choices on aggregates in the economy is: Question options: positive economics. normative economics. Question 2 microeconomics. 10 / 10 points When we are forced to make choices we are facing the concept of: Question options: ceteris paribus. free goods. Question 3 the margin. 10 / 10 points An economic system is the set of rules that define _______ and _______ . Question options: resources; prices who gets to vote; when elections will be held market prices; factors of production Question 4 In a market capitalist economy: Question options:
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