The major economic problem is to:

a. provide for full employment.
b. eliminate scarcity.
c. increase the standard of living.
d. allocate limited resources among unlimited uses.
e. increase leisure.

d

Economics

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If only a small volume of trading can be absorbed without producing wide price swings, a market is

A) liquid. B) thin. C) broad. D) resilient.

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If a change in investment spending is due to a change in the price level, then the aggregate demand curve will shift

a. True b. False

Economics