Economics - Test Bank
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Test Bank For Essentials of Economics International Edition 5th Edition N. Gregory Mankiw
Test Bank for Essentials of Economics 6th Edition by N. Gregory Mankiw
Chapter 03 Test Bank KEY 
1. The goals of the principal participants in the economy are to maximize 
A. income for consumers, profits for business, and taxes for government. 
B. goods and services for consumers, scarce resources for businesses, and money for government. 
C. happiness for consumers, profits for businesses, and general welfare for government. 
D. goods and services for consumers, scarce resources for businesses, and general welfare for government. 
Consumers strive to maximize the...
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