When an inverse relationship is graphed, the resulting line or curve is:

Because human wants are insatiable and unlimited while available resources are limited, people are said to face the problem of

A) microeconomics. B) social interest versus self-interest. C) macroeconomics. D) why to produce. E) scarcity.

In Figure 3-7 above, the multiplier is

A) 2. B) 0.2. C) 5. D) 2.5.