The fundamental goal of economics is to
a. allow everyone to have five yachts and two automobiles.
b. redistribute income and eliminate poverty.
c. reduce unemployment so that lower welfare payments are necessary.
d. learn to cope with the scarcity of virtually all resources.
d
Economics
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Marginal benefit refers to the additional benefit that your activity provides to you
Indicate whether the statement is true or false
Economics
Employers rely on a job applicant's signals
a. because they are always an accurate indication of the applicant's skills b. because actual abilities are not observable prior to employment c. because actual abilities are not observable after the applicant is hired d. only when hiring someone for an entry-level position e. only when hiring someone who has a college degree
Economics