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ruslelena [56]
3 years ago
8

Economics studies Scarcity.

Business
1 answer:
NNADVOKAT [17]3 years ago
5 0

Answer:

2. What to produce, how to produce it, and who gets it.

Explanation:

Scarcity of resources is the major issue, Economics deals with.

In any economy resources are scarce i.e limited in quantity and how efficiently those resources are used is what Economics revolves around.

The central problems in an economy are:

  • What to produce
  • How to produce
  • For whom to produce

Economics aims at answering this central problem.

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Answer:

Explanation:

B C and D have become tools that have been tried.

Deficit spending is a budget/government policy. Its use should be very limited.

Same with Increased Government Spending. FDR was the master at controlled government spending.

Reducing income taxes is another government policy.

So only A is an example of monetary policy. This is a regulation imposed on the Banks by the Federal Reserve.

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<h3>What is feature fatigue?</h3>

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Maggie called her insurance agent after estimating the damages. She had already spent $2,000 on pumping out the water and repair
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The correct answers are B, E and D

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The best supplier will depend on the type of business. Explain how a business that specializes in supplying plumbers would have
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If Dirk’s Doughnuts is a perfectly competitive firm and is currently incurring economic losses of $500: a. firms will enter the
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Answer:

The correct answer is option e.

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If Dirk’s Doughnuts is operating in a perfectly competitive market and is incurring economic losses, firms having losses will exit the market.  

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