Which of the following items would be considered scarce?
A) water
B) diamonds
C) potato chips
D) All of the above are scarce.
D
Economics
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The figure above shows a nation's consumption function. The amount of autonomous consumption expenditure is
A) $1 trillion. B) more than $3 trillion. C) $3 trillion. D) $0. E) $2 trillion.
Economics
Suppose each of the following is a highly-paid seller of services. Who provides a productive service?
A) Dionne, the astrologer B) Jerry, the comedian C) Roger, the movie critic D) Joe, the vice president E) All of the above.
Economics