Exam (elaborations)
ECON 200 Exam Questions with 100% Correct Answers
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ECON 200 Exam Questions with 100% Correct Answers Economics is best defined as ____________. A.) How people make money and profits in the stock market B.) Making choices from an unlimited supply of goods and services C.) Making choices with unlimited wants but facing a scarcity of resources D.) Controlling a budget for a household - Making choices with unlimited wants but facing a scarcity of resources When an economy produces more houses and fewer typewriters, it is answering the ________ question. A "what" B "how" C "where" D "for whom" - "what" In the U.S. economy, a recent trend has been that ______. A employment in agriculture has been increasing
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- May 13, 2024
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