Which of the following is not a desirable feature in an economy?

A. rapid increase in the general price level
B. low unemployment
C. rapid increase in output per worker
D. low inflation

Answer: A

Economics

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To an economist, scarcity means that:

a. it is very time-consuming to find a good. b. at a zero price, the available quantity of a good is insufficient to meet people's wants. c. a good is unavailable even at very high prices. d. at the current market price, the amount available is less than the amount that people want and are willing to pay for. e. resources are unlimited but people's desires are limited.

Economics

Single-parent households are disproportionately represented among those in poverty

Indicate whether the statement is true or false

Economics