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 is best described as

08/01/2021 Client: saad24vbs Deadline: 2 Day

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 Essay Tutor
Helping Hand
University Coursework Help
Best Coursework Help
Writer Writer Name Offer Chat
Top Essay Tutor

ONLINE

Top Essay Tutor

I have more than 12 years of experience in managing online classes, exams, and quizzes on different websites like; Connect, McGraw-Hill, and Blackboard. I always provide a guarantee to my clients for their grades.

$115 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$110 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$112 Chat With Writer
Best Coursework Help

ONLINE

Best Coursework Help

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$110 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

Nursing - Sql injection attack lab - Mercantile credit co v garrod - Babelfish production integration software - Anatomy and physiology 2 lab practical - Spark notes jekyll and hyde - Elevator problems physics worksheet - Arthur gorrie correctional centre contract - Canvas quiz auto save - Miracle in the andes chapter summary - Slender shapes by teez her - Compatible numbers in division - Umuc network design proposal part 1 - 0737179697 MAMA SHANANI ABORTION CLINIC IN MTUBATUBA - Rhyming words ks1 powerpoint - NURSING: EVIDENCED-BASED PRACTICE PROJECT - Reflection 500 word - Philosophy Discussion 1 - 6-2 volleyball rotation pdf - Strategic plan, part 3: strategic evaluation - Numerical Analysis -6 - How to find regression line on casio calculator - Comic and political analysis - Case Study, answer the following question no less than 750 words. - Presbytery of middle tennessee - Principles Of Accounting II 7 - Ops 571 week 4 - Introduction to java programming brief version 11th edition pdf - Institute of medicine the future of nursing focus on education - Microeconomics - Blue mountains school bus timetable - Math discussion - Drift and papillion apartments byron bay - Davis v monroe county board of education synopsis - Julie's pawn & jewelry sales flint mi - In medias res meaning - OB3 - Columbus custom carpentry a compensation case study - 0.006 in scientific notation - Human resource management interventions od - Health Assessment - The trial balance of watteau co does not balance - Corey 8 step ethical decision making model - Certificate 4 in security operations - Formula for flexible budget variance - According to the ajzen model, the strongest predictor of an employee’s behavior is (are) - Seaport medical centre launceston - Ruckus pki device subca 2 - Skills audit report template - Applied linear algebra and matrix analysis pdf - Matcam oz pty ltd - Linux cheat sheet shirt - Findit@au - Mlo endorsement to a license is a requirement of - Harvard global supply chain management simulation v2 answers - Intelligence from secrets to policy chapter summaries - Family developmental theory nursing - Social Work-Leadership and Management—A Personal Perspective - Boar gully camping area - 01.14 beginning your narrative banquo has been murdered prezi - Tommy the clown events - Who is my youtube sister quiz - How to read kks code - Relational messages are usually expressed nonverbally - Intro psychology online exam - Ptv vic gov au vouchers registration - The crane wife by cj hauser - Catholic church queenscliff mass times - Bad genius moral lesson - Cu boulder summer storage - A physics student on planet exidor throws - What is 3.5 as a mixed number - What are the 3 most essential questions to ask in threat modeling? - Emerging threats_7.2 - I saw mommy kissing santa claus jessica simpson karaoke - Paper - Vector addition experiment lab report - Lizard virtual lab answer key - Cockney rhyming slang numbers - Snhu mailroom hours - English language poem moose meese - Catholic college wodonga staff - Bond j has a coupon rate of 3 percent - Water affecting activity permit - Classification taxonomy worksheet answer key - Chemical equilibrium and le chatelier's principle lab report answers - Examples of product adaptation in foreign markets - Communication audit survey questions examples - Far cpa exam questions - Society and culture pip - Clipsal adjustable batten holder - Figtree drive vaccination centre - San comparison matrix - C228 task 2 epidemiological determinants - Literature - Coffee delivery business plan - Introduction to human communication perception meaning and identity pdf - Development of shared theory in palliative care to enhance nursing competence - Access control Assignment 8 - incubation period microbiology