Why does the history of the U.S. matter?

(a) Historical knowledge helps us understand the forces that shaped the current economy.
(b) The lessons of the past help us avoid future mistakes.
(c) Historical knowledge helps us identify who or what is most likely to fuel future
economic prosperity.
(d) All of the above.

(d)

Economics

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All the goods and services we produce are ____________ .

a. expensive. b. scarce. c. recyclable. d. efficiently produced.

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Monopolistically competitive firms in long-run equilibrium produce at ________ the optimal scale.

A. less than B. more than C. exactly D. sometimes more and sometimes less than

Economics