What is the definition of scarcity?

Which is not one of the four kinds of resources?

What is opportunity cost?

What trait matches a command economy?

What kind of economy does the US have?

In what type of economy do individuals and the government both answer the basic questions of economics?

Which is not a basic question of economics?

What type of economy does not allow private property?

What economic system is based on historical precedent?

What is the definition of consumption

Which is not a trait of a free market?

What does consumer sovereignty mean?

In which economic system does the government control the public sector?

What is profit motive?

What is free enterprise?

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