Economics is the study of:
a. the allocation of scarce resources and the ways in which human decision makers utilize those resources.
b. the methods that human decision makers use to transform a scarce good into a non-economic good.
c. how to operate a business successfully.
d. a utopian society.
e. how to make money in the stock market.
a
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In the United States, total health care spending per person has been ________, and out-of-pocket spending on health care per person has been ________
A) falling; rising B) rising; falling C) rising; rising D) falling; falling
A few U.S. commercial banks are allowed to have "section 20 affiliates" that can
A) underwrite corporate debt and equity. B) operate in foreign markets. C) branch nationwide regardless of state laws. D) own majority shares in other banks.