ECON101 Midterm Exam Latest 2017
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Question 1 of 20
Economics is the study of:
A. increasing the level of productive resources so there is maximum output in society.
B. increasing the level of productive resources so there is a minimum level of income.
C. how people, institutions, and society make choices under conditions of scarcity.
D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses.
Question 2 of 20
Which of the following is not a central focus of the "economic perspectiv...
- Exam (elaborations)
- • 9 pages's •
-
ECON101 Midterm Exam Latest 2017•ECON101 Midterm Exam Latest 2017
Preview 1 out of 9 pages
Question 1 of 20
Economics is the study of:
A. increasing the level of productive resources so there is maximum output in society.
B. increasing the level of productive resources so there is a minimum level of income.
C. how people, institutions, and society make choices under conditions of scarcity.
D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses.
Question 2 of 20
Which of the following is not a central focus of the "economic perspectiv...
Question 1 of 20
Economics is the study of:
A. increasing the level of productive resources so there is maximum output in society.
B. increasing the level of productive resources so there is a minimum level of income.
C. how people, institutions, and society make choices under conditions of scarcity.
D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses.
Question 2 of 20
Which of the following is not a central focus of the "economic perspectiv...
- Exam (elaborations)
- • 9 pages's •
-
ECON101 Midterm Exam Latest 2017•ECON101 Midterm Exam Latest 2017
Preview 1 out of 9 pages
Question 1 of 20
Economics is the study of:
A. increasing the level of productive resources so there is maximum output in society.
B. increasing the level of productive resources so there is a minimum level of income.
C. how people, institutions, and society make choices under conditions of scarcity.
D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses.
Question 2 of 20
Which of the following is not a central focus of the "economic perspectiv...
Question 1 of 20
Economics is the study of:
A. increasing the level of productive resources so there is maximum output in society.
B. increasing the level of productive resources so there is a minimum level of income.
C. how people, institutions, and society make choices under conditions of scarcity.
D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses.
Question 2 of 20
Which of the following is not a central focus of the "economic perspecti...
- Exam (elaborations)
- • 9 pages's •
-
ECON101 Midterm Exam Latest 2017•ECON101 Midterm Exam Latest 2017
Preview 1 out of 9 pages
Question 1 of 20
Economics is the study of:
A. increasing the level of productive resources so there is maximum output in society.
B. increasing the level of productive resources so there is a minimum level of income.
C. how people, institutions, and society make choices under conditions of scarcity.
D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses.
Question 2 of 20
Which of the following is not a central focus of the "economic perspecti...
Question 1 of 20
Economics is the study of:
A. increasing the level of productive resources so there is maximum output in society.
B. increasing the level of productive resources so there is a minimum level of income.
C. how people, institutions, and society make choices under conditions of scarcity.
D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses.
Question 2 of 20
Which of the following is not a central focus of the "economic perspectiv...
- Exam (elaborations)
- • 9 pages's •
-
ECON101 Midterm Exam Latest 2017•ECON101 Midterm Exam Latest 2017
Preview 1 out of 9 pages
Question 1 of 20
Economics is the study of:
A. increasing the level of productive resources so there is maximum output in society.
B. increasing the level of productive resources so there is a minimum level of income.
C. how people, institutions, and society make choices under conditions of scarcity.
D. the efficient use of scarce resources paid for at the minimum level of cost to consumers and businesses.
Question 2 of 20
Which of the following is not a central focus of the "economic perspectiv...