When an economist considers welfare evaluations, he is looking at
A) whether a policy increases social welfare.
B) the ability of an economy to take care of the unemployed.
C) price inertia.
D) new open economy macroeconomics.
A
Economics
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By the 20th century, the largest sector of the U.S. economy in terms of commodity output value was
a. agriculture. b. manufacturing. c. mining. d. construction.
Economics
Scarcity:
a. exists because resources are unlimited while human wants are limited. b. means we are unable to have as much as we would like to have. c. will likely be eliminated as technology continues to expand. d. is not an issue addressed in economics.
Economics