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Economic homework help!?
01-28-2013, 09:11 PM
Post: #1
Economic homework help!?
2)tend to think that free markets will take care of themselves and that government intervention in the workings of the market should be minimal. (democrat or rebublican
4)In the real world, it takes time to move from point A to point B on a Production Possibilities curve.true or false
6)Economic models are mostly realistic because by using them, economists can account for all of the factors that influence an economic choice. true or false
7)Technology includes any use of land, labor, and capital that produces goods and services (faster, for less cost, or more efficiently)
9)Microeconomics deals with behavior and decision making by small groups such as individuals and firms. true or false
12)Economists often refer to the production of military goods as guns. TRUE OR FALSE
16. If you get $200 for your birthday and use it to buy a new I-pod, you are fulfilling a: want need or both
17. Economists don’t judge whether there should be a social class of super-rich people. true or false

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01-28-2013, 09:19 PM
Post: #2
 
I think false.

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