Chapter01Thi
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Chapter01Thi
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MultipleChoiceQuestio
s
1Eco
omicsisbestdefi
edasthestudyofApricesa
dqua
titiesBi
flatio
a
di
terestratesChowpeoplemakechoicesu
dertheco
ditio
sofscarcitya
dtheresultsofthosechoicesDwagesa
di
comes
2Eco
omicquestio
salwaysdealwithAfi
a
cialmattersBpoliticalmattersCi
sufficie
tresourcesDchoicei
thefaceoflimitedresources
3Thera
geoftopicsorissuesthatfitwithi
thedefi
itio
ofeco
omicsisAlimitedtomarketactivitiesegbuyi
gsoapBlimitedtoi
dividualsa
dfirmsCextremelywiderequiri
go
lytheideasofchoicea
dscarcityDverylimited
4Thece
tralco
cer
ofeco
omicsisApovertyBscarcityCwealthaccumulatio
Doverco
sumptio

11
fChapter01Thi
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5Thescarcitypri
ciplei
dicatesthatA
omatterhowmucho
ehasitis
evere
oughBcomparedto100yearsagoi
dividualshavelesstimetodayCwithlimitedresourceshavi
gmoreof