Jake plans to spend $100 on fried chicken and Pepsi. The price of a fried chicken is $5 and Pepsi is $2 per bottle. If Jake buys 10 fried chickens how many bottles of Pepsi can he buy?

Why might an economist argue that it could be damaging to the economic growth of a nation if it focused mostly on the production of consumer goods?

What will be an ideal response?

An increase in the demand for shoemakers will increase the demand for shoes

a. True b. False