Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Economics can best be described as the study of

12/11/2021 Client: muhammad11 Deadline: 2 Day

Which Of The Following Statements Best Describes The Study Of Economics? Economics Studies How

Scarcity exists because: (Points : 10)
a. human wants exceed the resources available to satisfy them.
b. some individuals have low income.
c. the costs of production are high.
d. some people make bad economic decisions
e. people take too much leisure time.

2. Which of the following statements best describes the study of economics? Economics studies how: (Points : 10)
a. to organize production so that scarcity does not occur.
b. firms make profits.
c. we make choices in the face of scarcity.
d. to create incentives so that scarcity does not exist.
e. businesses reach decisions.

3. The study of economics is best described as a study of: (Points : 10)
a. the factors that influence the stock and bond markets.
b. capitalism.
c. the choices made in producing goods and services.
d. coping with scarcity, and choices made as a result of scarcity in a society.
e. how people earn a living.

4. Economics is the social science that studies: (Points : 10)
a. the real reasons people buy goods and services.
b. the psychology of individuals and businesses.
c. whether a nation has enough natural resources.
d. how people make choices to cope with scarcity.
e. how choices made in the social interest could eliminate scarcity.

6. Items that are purchased by individuals for their own enjoyment are called (Points : 10)
a. consumption goods and services.
b. capital goods.
c. government goods and services.
d. exports of goods and services.
e. private goods
7. What would be an example of consumption good? (Points : 10)
a. Antonio, the manager of the local Taco Hut, purchases a new deep fryer.
b. The local driver's license office purchases a new digital camera and printer.
c. Rhianna gets a haircut.
d. Jake buys an iPhone.
e. Donald Trump purchases furniture for his office.

8. The largest share of total production in the United States is (Points : 10)
a. consumption goods and services.
b. capital goods.
c. government goods and services.
d. exported goods and services.
e. imported goods and services.

9. What would be an example of capital good? (Points : 10)
a. Jeanette buys a new dress.
b. The local driver's license office purchases a new digital camera and printer.
c. Antonio, the manager of the local Taco Hut, purchases a new deep fryer.
d. Apple sells computers to Japan.
e. Rhianna gets a haircut.

10. Goods and services bought by the government account for about ________ percent of total production. (Points : 10)
a. 2
b. 8
c. 17
d. 35
e. 67

11. The primary focus of microeconomics is: (Points : 10)
a. to examine the operation of the entire (aggregate) economy.
b. to examine the behavior and operation of the individual units or sectors that make up the economy.
c. our government's monetary policy.
d. the levels of employment and inflation.
e. to study how we managed to eliminate scarcity.

1. Scarcity exists because: (Points : 10) a. human wants exceed the resources available to satisfy them. b. some individuals have low income. c. the costs of production are high. d. some people make bad economic decisions e. people take too much leisure time. 2. Which of the following statements best describes the study of economics? Economics studies how: (Points : 10) a. to organize production so that scarcity does not occur. b. firms make profits. c. we make choices in the face of scarcity. d. to create incentives so that scarcity does not exist. e. businesses reach decisions. 3. The study of economics is best described as a study of: (Points : 10) a. the factors that influence the stock and bond markets. b. capitalism. c. the choices made in producing goods and services. d. coping with scarcity, and choices made as a result of scarcity in a society. e. how people earn a living. 4. Economics is the social science that studies: (Points : 10) a. the real reasons people buy goods and services. b. the psychology of individuals and businesses. c. whether a nation has enough natural resources. d. how people make choices to cope with scarcity. e. how choices made in the social interest could eliminate scarcity. 6. Items that are purchased by individuals for their own enjoyment are called (Points : 10) a. consumption goods and services. b. capital goods. c. government goods and services. d. exports of goods and services. e. private goods

7. What would be an example of consumption good? (Points : 10) a. Antonio, the manager of the local Taco Hut, purchases a new deep fryer. b. The local driver's license office purchases a new digital camera and printer. c. Rhianna gets a haircut. d. Jake buys an iPhone. e. Donald Trump purchases furniture for his office. 8. The largest share of total production in the United States is (Points : 10) a. consumption goods and services. b. capital goods. c. government goods and services. d. exported goods and services. e. imported goods and services. 9. What would be an example of capital good? (Points : 10) a. Jeanette buys a new dress. b. The local driver's license office purchases a new digital camera and printer. c. Antonio, the manager of the local Taco Hut, purchases a new deep fryer. d. Apple sells computers to Japan. e. Rhianna gets a haircut. 10. Goods and services bought by the government account for about ________ percent of total production. (Points : 10) a. 2 b. 8 c. 17 d. 35 e. 67 11. The primary focus of microeconomics is: (Points : 10) a. to examine the operation of the entire (aggregate) economy. b. to examine the behavior and operation of the individual units or sectors that make up the economy. c. our government's monetary policy. d. the levels of employment and inflation. e. to study how we managed to eliminate scarcity.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Top Academic Tutor
Quality Assignments
Calculation Guru
Homework Guru
Math Guru
Solutions Store
Writer Writer Name Offer Chat
Top Academic Tutor

ONLINE

Top Academic Tutor

After reading your project details, I feel myself as the best option for you to fulfill this project with 100 percent perfection.

$24 Chat With Writer
Quality Assignments

ONLINE

Quality Assignments

I have read your project description carefully and you will get plagiarism free writing according to your requirements. Thank You

$17 Chat With Writer
Calculation Guru

ONLINE

Calculation Guru

I will be delighted to work on your project. As an experienced writer, I can provide you top quality, well researched, concise and error-free work within your provided deadline at very reasonable prices.

$25 Chat With Writer
Homework Guru

ONLINE

Homework Guru

I have written research reports, assignments, thesis, research proposals, and dissertations for different level students and on different subjects.

$28 Chat With Writer
Math Guru

ONLINE

Math Guru

I have assisted scholars, business persons, startups, entrepreneurs, marketers, managers etc in their, pitches, presentations, market research, business plans etc.

$32 Chat With Writer
Solutions Store

ONLINE

Solutions Store

I have worked on wide variety of research papers including; Analytical research paper, Argumentative research paper, Interpretative research, experimental research etc.

$30 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

A sample of carbonic acid is heated - Public speaking courses brisbane - Rogerian argument thesis statement examples - The distance of uranus from the sun - Easi ecg lead placement - Megahertz to hertz scientific notation - Tan delta cable testing - Standardization of naoh with khp lab report - JUSTIFICATIONS AS DEFENSES - Abdominectomy - Com510 week 3 paper - Answer to the question - Othello and iago similarities - Dallas world aquarium internship - Sonata allegro form diagram - Renal System Case Study - Question on Wordsworth's Tintern Abbey - Module Two Assignment Guidelines and Rubric - Aesthetic appreciation gcse pe - Benchmark research critiques and picot statement final draft - 2 nile place kearns - Letter and reflection( 9hours) - Recommendation for airasia to improve - Victorian health incident management system - Gaia cs umass edu wireshark labs - 258 kj to calories - Https zephoria com top 15 valuable facebook statistics - Dollar currency discussion - Individual influences on food choices - The gettysburg address ethos pathos logos - Style 7 chart quick style excel - Incremental analysis and capital budgeting - What we re made of lyrics - Does katniss love peeta - Palamon capital partners case study - 5 principles of cultural safety - Mental Imagery 2 - 3 Business Law Class Discussions - Haden cross fire station - Is a drawing a primary source - Practical connection.1 - David sedaris me talk pretty one day summary - Delco remy alternator wiring - Force table vector addition lab report - Foundation In Special Education - Adult pre-exercise screening system apss - Cmerrill premium snapchat - How many letters are there in the alphabet - Newspaper headlines with double meanings - Royal society industry fellowship - Slla practice test app - Memory - Ulsterbus cookstown to belfast - When do you pay for a stud dog - What zone is pakistan in cie - What is case mix index used for - Case Study Analysis - How can i help u - Https accounts google com signin v2 challenge pwd - Applying the roper-logan-tierney model in practice read online - R tech mig 180 - Physical landscape of india - Gender studies - Barnes and noble employee w2 - Opc 478uc cloning cable - The blind side chapter 10 summary - Lead and manage team effectiveness assessment - Deliverable 5 - Using Ethics in Visual Communication - Ransom quotes david malouf - 69 hall street semaphore - Global marketing hollensen 2017 - Literature Search, Rapid Critical Appraisal, and Summary - Vinegar contains acetic acid the formula - Prejudice in montana 1948 - NEED ESSAY WRITTEN/ ATTN: PAPERSGURU - Incivility in Media - What is the purpose of a windshield survey - Financials - Sinusoidal function word problems examples - Ansys heat transfer tutorial pdf - Charles inglis response to common sense - Create a local database entry for chap authentication - The Rise of Mass Society - International financial management questions and answers pdf - Diverse range of entrepreneurial ventures - Donna beegle ted talk - Gold plating plastic parts - Determine the equivalent force couple system at point o - Letter from Birmingham Jail - Bridges out of poverty powerpoint - Eng 225 final film critique paper - Importance of ex post facto research - 6 page essay - Tia hw - Diagram of the earths layers - Chapter 7 negotiating intersections word search puzzle answers - Size of golf ball in inches - Need Thursday morning - The Institute of Medicine - Limitations of leadership in criminal justice organizations