Economics and B. Government C.

1. Which of the adjacent is not a key trade-off faced by society? A. who welcomes good and service? B. whether or not to produce. C. how to produce? D. which goods and services to produce. 2. near microeconomic models assume that decision markers need to A. act selfishly. B. key themselves as sanitary off as possible C. make others as well off as possible. D. none of the preceding(prenominal). 3. What links the decisions of work throughrs and firms in mart? A. coordinations officials B. government C. prices D. microeconomics 4. The price of a good or service is A. ever so equal to the cost of producing the good B. neer affected by number of buyers and seller.C. unremarkably determined in a market. D. no(prenominal) of the above. 5. Economists make many assumptions to simplify their models because. A. they ar lazy B. no one would go out complex models. C. the real world is too complex to analyze fully. D. none of the above. 6. Which of the following is an example of a p ositive arguing? A. if you tucker out this good you, get out get sick. B. since this good is bad for you, you should not consume it. C. if this good is bad for you, you should not consume it D. none of the above. 7. Which of the following is true. A. A prescriptive economic stament is a testable hypothesis most cause and effect.B. a positive stament concerns what individual believes should come up a normative stament concerns what will happen. C. A normative stament concerns what somebody believes should happen a positive stament concerns what will happen. D. none of the above are true. 8. Microeconomic models employ to. A. evaluate policy alternatives. B. make predictions. C. develop real life phenomena D. all of the above 9. Which of the following choices is an example of a proscribe externality. A. educations B. mercury emissions from a coal-fired power congeal C. your neighbor is trimming the hedge amid your houses. D polio vaccinations