The Most Basic Investigative Tool of Economics Is the

question 284

Multiple Choice

The most basic investigative tool of economics is the

• A)concept of scarcity.
• B)mechanism of supply and demand.
• C)coordination and trade syndrome.
• D)inflation-unemployment trade-off.
• E)regulation of business.

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Definitions:

Thesis Statement

A sentence that expresses the main idea of a research paper or essay, often presenting an argument or perspective.

Purpose

The reason for which something is done or created or for which something exists.

Revise

The process of revisiting and altering content in a piece of writing to improve its clarity, coherence, and overall quality.

Inconsistencies

Occurrences of being in disagreement or not being compatible with previously established facts, logic, or claims.