Because of scarcity, we attempt to utilize our resources as efficiently as possible

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Explain why procurement is such a problematic area for the military

What issues somewhat unique to the military make it necessary to utilize a variety of different procurement contract in order to attempt to get the correct output delivered at the lowest possible price? List four general types of procurement contracts.

Economics

The investment demand curve is drawn with the ________ on the horizontal axis and the ________ on the vertical axis.

A. expected rate of return and interest rate; amount of investment B.  amount of investment; disposable income C. amount of investment; expected rate of return and interest rate D. disposable income; amount of investment

Economics