A) Adam Smith B) John Maynard Keynes C) Karl Marx D) David Ricardo
A) Inflation B) Scarcity C) Surplus D) Inequality
A) Gross Domestic Product B) General Debt Projection C) Global Development Plan D) Gross Domestic Purpose
A) Marginal cost B) Opportunity cost C) Sunk cost D) Fixed cost
A) Money, resources, labor B) Land, labor, capital C) Capital, technology, entrepreneurship D) Goods, services, trade
A) Price and quantity demanded are directly related B) Supply increases as demand decreases C) Demand is constant regardless of price D) Price and quantity demanded are inversely related
A) Fixed utility B) Marginal utility C) Total utility D) Average cost
A) David Ricardo B) John Stuart Mill C) Adam Smith D) Milton Friedman
A) Control of the money supply and interest rates B) Trade agreements with other nations C) Government spending on public services D) Regulation of fiscal policies
A) Perfect competition B) Monopolistic competition C) Monopoly D) Oligopoly |