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6 Written questions

6 Multiple choice questions

  1. graph that shows maximum combination of goods and services that can be
  2. food, clothing, shoes, cars, and houses
  3. countries and government must consider and deal with trade offs in order to provide health care. a country may not be able to support the military
  4. military goods, buildings factories, equipment, business computers
  5. deals with economics on a personal level and deals with individual households and businesses.(how a business maximized it's profits for ex.)
  6. a lack of wants

6 True/False questions

  1. marginal utilitycontains opinion

          

  2. normativebushes of oats, wheat, corn, cotton, oil, sorghum

          

  3. individual trade offscountries and government must consider and deal with trade offs in order to provide health care. a country may not be able to support the military

          

  4. economicsdeals with economics on a national and international scale and factors such GDP, employment issues, inflation, and politics(all compared)

          

  5. positive economicsis about facts

          

  6. shortagea lack of wants