No society can provide its citizens with everything that they want because of
a. greedy politicians
b. lazy workers
c. an educational system that does not provide hands on experience
d. firms that strive to maximize profits
e. a scarcity of resources
E
Economics
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Which of the following markets is closely related to macroeconomics?
a. Cattle futures market. b. Fulton's fish market. c. Skilled labor market. d. Nation's unemployment rate.
Economics
Which of the following has contributed to decreased concentration in U.S. industry since the 1970s?
a. rising interest rates and disinflation b. segmentation and economies of scale c. devaluation and economies of scale d. technological change and market globalization e. marginal cost pricing and product differentiation
Economics