The American Medical Association, a physicians' union, is a good example of a(n):

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.

Which of the following could decrease unemployment and inflation simultaneously?

A) a decrease in oil prices B) contractionary monetary policy C) an increase in the real wage D) expansionary monetary policy