ECON101 Week 1, 2, 3, 5, 6, 7 Quiz Latest 2017
ECON101 Week 1, 2, 3, 5, 6, 7 Quiz Latest 2017
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ECON101 Week 1, 2, 3, 5, 6, 7 Quiz Latest 2017
- Exam (elaborations) • 20 pages • 2019
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Week 1 quiz 
Question 1 of 10
The branch of economics that examines the impact of choices on aggregates in the economy is:
A. positive economics.
B. normative economics.
C. macroeconomics.
D. microeconomics.
Question 2 of 10
When we are forced to make choices we are facing the concept of:
A. ceteris paribus.
B. free goods.
C. scarcity.
D. the margin.
Question 3 of 10
An economic system is the set of rules that define _______ and _______ .
A. resources; prices
B. who gets to vote; when elections ...
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