Output per person must be ________ output per worker.

A. greater than or equal to
B. no more than half the size of
C. equal to
D. less than or equal to

Answer: D

Economics

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Economists consider profit to be

A) a cost of producing goods and services. B) something that should be eliminated by antitrust laws. C) the same as a salary. D) a reward for incurring losses.

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Approximately what percentage of the world population experiences scarcity?

A) 33% B) 50% C) 66% D) 100%

Economics