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Chapter 01 The Economic Problem     
Multiple Choice Questions
  1. What do economists mean when they say that the economy faces scarcity? 
A. There are fewer resources available than there were in the 1960s.
B. It is quite evident that the world is running out of resources.
C. The economy is producing far below its capacity to produce.
D. The resources available are not sufficient to produce all that everyone wants.   
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Organizational Behavior, Version 1.1 Bauer & Erdogan FWK Test Item File All Chapters Organizational Behavior, Version 1.1 Bauer & Erdogan FWK Test Item File Chapter 1 TRUE/FALSE 1. Flat World Knowledge was started by two textbook publishing industry veterans. 2. Flat World Knowledge is improving on the traditional publishing model but is not innovating much. 3. So far, Flat World Knowledge is a start up without any external funding. 4. Most successful CEOs believe, “A company is only as good a...

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