Nursing Assisting A Foundation in Caregiving 5th Edition Dugan Test Bank

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Principles of Microeconomics Streamlined Approach 4th
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ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
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MULTIPLElCHOICEl-
lChooselthelonelalternativelthatlbestlcompletesl thelstatementlorlanswerslthelquestion.


1) Economicslislbestldefinedlaslthelstudylof

1)ll


A) inflation,linterestlrates,landlthelstocklmarket.
B) supplylandldemand.
C) howlpeoplelmakelchoiceslinlthelfaceloflscarcitylandlthelimplicationsloflthoselchoiceslforls
ocietylaslalwhole.
D) thelfinanciallconcernsloflbusinesseslandlindividuals.



QuestionlDetails
AACSBl:lReflectivelThinkinglAcces
sibilityl:lKeyboardlNavigationlBloom
'sl:lRemember
Difficultyl:l01lEasy
LearninglObjectivel:l01-
01lExplainlwhyl havinglmoreloflanylgoodlthinglnecessarilylrequireslhavinglleslTopicl:lEconomics:lStudyingl
ChoicelinlalWorldloflScarcity
Accessibilityl:lScreenlReaderlCompatible



2) Economicslislbestldefinedlaslthelstudylof

2)ll


A) thelfinanciallconcernsloflbusinesseslandlindividuals.
B) thelroleloflgovernmentlinllimitinglthelchoiceslpeoplelmake.
C) choicelinlthelfacelofllimitedlresources.
D) whetherlwelwilllhavelenoughlresourceslinlthelfuture.




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,DOWNLOAD THE Test Bank for Principles of Microeconomics StreamlinedAppro
l l l l l l l l l

ach 4th Edition Frank l l l


Principles of Microeconomics Streamlined Approach 4th
l l l l l



Edition by Frank CH01
l l l




QuestionlDetails
AACSBl:lReflectivelThinkinglAcces
sibilityl:lKeyboardlNavigationlBloom
'sl:lRemember
Difficultyl:l01lEasy
LearninglObjectivel:l01-
01lExplainlwhyl havinglmoreloflanylgoodlthinglnecessarilylrequireslhavinglleslTopicl:lEconomics:lStudyingl
ChoicelinlalWorldloflScarcity
Accessibilityl:lScreenlReaderlCompatible



3) Economistslrecognizelthatlbecauselpeoplelhavellimitedlresources

3)ll


A) governmentlinterventionlislnecessary.
B) theylhaveltolmakeltrade-offs.
C) theylwilllneverlbelhappy.
D) ourlfuturelislbleak.



QuestionlDetails
AACSBl:lReflectivelThinkinglAcces
sibilityl:lKeyboardlNavigationlBloom
'sl:lRemember
Difficultyl:l01lEasy
LearninglObjectivel:l01-
01lExplainlwhyl havinglmoreloflanylgoodlthinglnecessarilylrequireslhavinglleslTopicl:lEconomics:lStudyingl
ChoicelinlalWorldloflScarcity
Accessibilityl:lScreenlReaderlCompatible



4) Anlimplicationloflscarcitylislthat

4)ll


A) peoplelwilllneverlbelhappy.
B) makingltrade-offslbecomeslunnecessarylaslwealthlincreases.
C) somelpeoplelwilllalwayslbelpoor.
D) peoplelmustlmakeltrade-offs.



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,DOWNLOAD THE Test Bank for Principles of Microeconomics StreamlinedAppro
l l l l l l l l l

ach 4th Edition Frank l l l


Principles of Microeconomics Streamlined Approach 4th
l l l l l



Edition by Frank CH01
l l l




QuestionlDetails
AACSBl:lReflectivelThinkinglAcces
sibilityl:lKeyboardlNavigationlBloom
'sl:lRemember
Difficultyl:l01lEasy
LearninglObjectivel:l01-
01lExplainlwhylhavinglmoreloflanylgoodlthinglnecessarilylrequireslhavinglleslTopicl:lEconomics:lStudyinglC
hoicelinlalWorldloflScarcity
Accessibilityl:lScreenlReaderlCompatible



5) Iflalllthelworld'slresourceslwereltolmagicallylincreaselonelhundredfold,lthen

5)ll


A) peoplelwouldlstilllhaveltolmakeltrade-offs.
B) economicslwouldlnollongerlbelrelevant.
C) scarcitylwouldldisappear.
D) trade-offslwouldlbecomelunnecessary.



QuestionlDetails
AACSBl:lReflectivelThinkinglAcces
sibilityl:lKeyboardlNavigation
LearninglObjectivel:l01-
01lExplainlwhyl havinglmoreloflanylgoodlthinglnecessarilylrequireslhavinglleslTopicl:lEconomics:lStudyingl
ChoicelinlalWorldloflScarcity
Accessibilityl:lScreenlReaderlCompatiblel
Bloom'sl:lUnderstand
Difficultyl:l02lMedium



6) ForestlliveslinlcompletelisolationlinlMontana.lHelislself-
sufficientlandlfeedslhimselflthroughlhunting,lfishing,landlfarming.lWhichloflthelfollowinglstatem
entslaboutlForestlisltrue?

6)ll


A) Forestlhaslunlimitedlresources.
B) Forestlislnotlrequiredltolmakeltrade-offslbecauselhelislself-sufficient.
C) Forestlhasltolmakeltrade-offs.
D) Forestldoesn'tlhaveltolconsiderlcostslandlbenefits.

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, DOWNLOAD THE Test Bank for Principles of Microeconomics StreamlinedAppro
l l l l l l l l l

ach 4th Edition Frank l l l


Principles of Microeconomics Streamlined Approach 4th
l l l l l



Edition by Frank CH01
l l l




QuestionlDetails
AACSBl:lReflectivelThinkinglAcces
sibilityl:lKeyboardlNavigationlDiffic
ultyl:l01lEasy
LearninglObjectivel:l01-
01lExplainlwhyl havinglmoreloflanylgoodlthinglnecessarilylrequireslhavinglleslTopicl:lEconomics:lStudyingl
ChoicelinlalWorldloflScarcity
Accessibilityl:lScreenlReaderlCompatiblel
Bloom'sl:lUnderstand



7) Chrislhaslalone-
hourlbreaklbetweenlclassesleverylWednesday.lChrislcanleitherlstaylatlthellibrarylandlstudylorlgoltolthel
gymlandlworklout.lTheldecisionlChrislmustlmakelis

7)ll


A) notlanleconomiclproblemlbecauselneitherlactivitylcostslmoney.
B) notlanleconomiclproblemlbecauselit'slanlhourlthatlChrislhaslnolmatterlwhatlheldoes.
C) anleconomiclproblemlbecauseltheltuitionlChrislpayslcoverslthelcostloflbothlthelgymlandlt
hellibrary.
D) anleconomiclproblemlbecauselChrislhaslonlylonelhour,landlengaginglinlonelactivitylmea
nslgivingluplthelother.



QuestionlDetails
AACSBl:lReflectivelThinkinglAcces
sibilityl:lKeyboardlNavigation
LearninglObjectivel:l01-
01lExplainlwhyl havinglmoreloflanylgoodlthinglnecessarilylrequireslhavinglleslTopicl:lEconomics:lStudyingl
ChoicelinlalWorldloflScarcity
Accessibilityl:lScreenlReaderlCompatiblel
Bloom'sl:lUnderstand
Difficultyl:l02lMedium



8) WhetherlstudyingltheloutputloflthelU.S.leconomylorlhowlmanylclasseslalstudentlwillltake
,lalunifyinglconceptlislthat

8)ll




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