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Home Q & A Board Other Fields Homework Help Business Economics
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leahtrevino leahtrevino
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6 years ago
Opportunity cost is the best alternative sacrificed for a chosen alternative.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 2

Only socialist economies need to answer the What, How, and For Whom questions.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 3

What to produce, how to produce, and for who to produce are the three fundamental economic questions.
 a. True
  b. False
  Indicate whether the statement is true or false

QUESTION 4

A nation can accelerate its economic growth by:
 a. reducing the number of immigrants allowed into the country.
  b. adding to its stock of capital.
  c. printing more money.
  d. imposing tariffs and quotas on imported goods.

QUESTION 5

In economics, investment refers to the process of accumulating:
 a. capital goods. b. consumer goods.
  c. money. d. stocks and bonds.

QUESTION 6

The process of accumulating capital is called:
 a. capitalization. b. loanable funds.
  c. investment. d. debt management.
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parozparoz
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#1
Posts: 359
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6 years ago
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leahtrevino Author
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#2
6 years ago
Thank you so much for providing this
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