Macroeconomics > TEST BANKS > Macroeconomics For Life Smart Choices For All 2nd Edition By Avi J. Cohen TEST BANK (All)
MACROECONOMICS FOR LIFE SMART CHOICES FOR ALL 2ND EDITION BY AVI J. COHEN TEST BANK Chapter 1-13 Chapter 1 What's in Economics for You? Scarcity, Opportunity Cost, Trade, and Models 1.1 Are Y ... ou Getting Enough? Scarcity and Choice 1) Economics is about A) making money. B) greed. C) making choices because of scarcity. D) overcoming scarcity. E) overcoming greed. Answer: C Diff: 1 Type: MC Page Ref: 4 Skill: Recall Objective: 1.1 Explain scarcity and describe why you must make smart choices among your wants. 2) Economics is about A) how individuals make the best possible choices. B) how businesses make the best possible choices. C) how governments make the best possible choices. D) how choices interact in markets. E) all of the above. Answer: E Diff: 1 Type: MC Page Ref: 4 Skill: Recall Objective: 1.1 Explain scarcity and describe why you must make smart choices among your wants. 3) Which of the following limits our ability to get everything we want? A) scarcity B) specialization C) socialism D) socialization E) time Answer: E Diff: 1 Type: MC Page Ref: 4 Skill: Applied Objective: 1.1 Explain scarcity and describe why you must make smart choices among your wants. [Show More]
Last updated: 6 months ago
Preview 1 out of 699 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Can't find what you want? Try our AI powered Search
Connected school, study & course
About the document
Uploaded On
Jun 03, 2025
Number of pages
699
Written in
All
This document has been written for:
Uploaded
Jun 03, 2025
Downloads
0
Views
15
Scholarfriends.com Online Platform by Browsegrades Inc. 651N South Broad St, Middletown DE. United States.
We're available through e-mail, Twitter, Facebook, and live chat.
FAQ
Questions? Leave a message!
Copyright © Scholarfriends · High quality services·