When using the economic perspective, economists view the world through the lens of:

If you decide to buy a new car, you must believe that the:

In economics, we use the expression - there is no such thing as a free lunch - that means that:

A production possibilities model shows:

A point inside the Production Possibilities Curve is:

A point on the Production Possibilities Curve is:

A movement along the Production Possibilities Curve would indicate:

If the unemployment rate fell, what impact would that have on a nation's Production Possibility Curve?

What does a nation have to do to get more of one good?

In the Production Possibility Curve, we show Economic Growth by:

The market system has lots of features, one of these is:

Households in the Circular Flow Model:

In the circular flow model, households earn:

In the Resource Market:

What to produce in a Market Economy is ultimately determined by:

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