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The opportunity cost of an item is
Trade does not make everyone better off
Prices Fall when the government prints to much money
Both A and C
Fluctuations in Economic Activity
All of the Above
whatever must be given up to obtain a product
Both a and b
is an increase in the overall level of prices in the economy
Which of these statements is not true?
Trade does not make everyone better off
Prices Fall when the government prints to much money
Both A and C
Fluctuations in Economic Activity
All of the Above
whatever must be given up to obtain a product
Both a and b
is an increase in the overall level of prices in the economy
Inflation ....
Trade does not make everyone better off
Prices Fall when the government prints to much money
Both A and C
Fluctuations in Economic Activity
All of the Above
whatever must be given up to obtain a product
Both a and b
is an increase in the overall level of prices in the economy
Microeconomists study
Trade does not make everyone better off
Prices Fall when the government prints to much money
Both A and C
Fluctuations in Economic Activity
All of the Above
whatever must be given up to obtain a product
Both a and b
is an increase in the overall level of prices in the economy
Which two of these statements are true?
Trade does not make everyone better off
Prices Fall when the government prints to much money
Both A and C
Fluctuations in Economic Activity
All of the Above
whatever must be given up to obtain a product
Both a and b
is an increase in the overall level of prices in the economy
What is the Business Cycle
Trade does not make everyone better off
Prices Fall when the government prints to much money
Both A and C
Fluctuations in Economic Activity
All of the Above
whatever must be given up to obtain a product
Both a and b
is an increase in the overall level of prices in the economy
Two simple economic models are
Trade does not make everyone better off
Prices Fall when the government prints to much money
Both A and C
Fluctuations in Economic Activity
All of the Above
whatever must be given up to obtain a product
Both a and b
is an increase in the overall level of prices in the economy
The Ten Principles of Economics include all but which one?
Trade does not make everyone better off
Prices Fall when the government prints to much money
Both A and C
Fluctuations in Economic Activity
All of the Above
whatever must be given up to obtain a product
Both a and b
is an increase in the overall level of prices in the economy
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Match it!
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