Principles of Microeconomics notes

Test Bank for Principles of Economics (Irwin Economics), 6th Edition by Robert H. Frank , Ben Bernanke Professor , Kate Antonovics , Ori Heffetz/ 1. Economics is best defined as the study of: A. inflation, interest rates and the stock market. B. supply and demand. C. how people make choices in the face of scarcity and the implications of those choices for society as a whole. D. the financial concerns of businesses and individuals. 2. Economics is the study of: A. the fin...

Test Bank for Principles of Economics (Irwin Economics), 6th Edition by Robert H. Frank , Ben Bernanke Professor , Kate Antonovics , Ori Heffetz/ 1. Economics is best defined as the study of: A. inflation, interest rates and the stock market. B. supply and demand. C. how people make choices in the face of scarcity and the implications of those choices for society as a whole. D. the financial concerns of businesses and individuals. 2. Economics is the study of: A. the fin...