A) John Maynard Keynes B) Adam Smith C) Karl Marx D) David Ricardo
A) Inequality B) Scarcity C) Inflation D) Surplus
A) Gross Domestic Product B) Gross Domestic Purpose C) General Debt Projection D) Global Development Plan
A) Marginal cost B) Fixed cost C) Sunk cost D) Opportunity cost
A) Price and quantity demanded are inversely related B) Supply increases as demand decreases C) Demand is constant regardless of price D) Price and quantity demanded are directly related
A) Total utility B) Marginal utility C) Fixed utility D) Average cost
A) Monopoly B) Perfect competition C) Monopolistic competition D) Oligopoly
A) Capital, technology, entrepreneurship B) Money, resources, labor C) Land, labor, capital D) Goods, services, trade
A) Government spending on public services B) Regulation of fiscal policies C) Control of the money supply and interest rates D) Trade agreements with other nations
A) David Ricardo B) Milton Friedman C) Adam Smith D) John Stuart Mill |