Which statement below is the best summary of the economic point of view?
A) Society is created and designed by the government.
B) Society is controlled by major business conglomerates.
C) Society is an unintended outcome of individuals pursuing their own projects.
D) All of the above.
E) None of the above.
C
Economics
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Marginal external costs are
a. additional unpriced costs imposed on society by producing one more unit of a good b. the cost of damaged goods c. the additional cost of imported goods d. the total cost to society of producing a good e. the marginal cost divided by the marginal revenue
Economics
The primary international reserve asset in most countries is:
a. silver. b. gold. c. the euro. d. the U.S. dollar. e. the Japanese yen.
Economics