All the problems studied in economics arise from

a. the unequal distribution of income
b. overpopulation
c. the scarcity of resources
d. inappropriate government action
e. war

C

Economics

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When a tariff is imposed on a good, domestic consumers of the good ________ and domestic producers of the good ________

A) win; win B) lose; win C) lose; neither win nor lose D) lose; lose E) win; lose

Economics

Suppose that some country had an adult population of about 46 million, a labor-force participation rate of 75 percent, and an unemployment rate of 8 percent. How many people were employed?

a. 2.76 million b. 31.74 million c. 34.5 million d. 42.32 million

Economics