What Is the Strongest Argument for Why We Need More

question 16

Multiple Choice

What is the strongest argument for why we need more economists today than ever before?

• A) We have a need for more wealth given the higher standard of living that individuals demand.
• B) Economists are needed to address the allocation of scarce resources as a result of the world's growing population.
• C) Economists are needed to make sure that firms continue to make profits.
• D) Economists are needed to make sure that consumers are well informed about their possible purchase options and that they budget their finances appropriately.
• E) Economists are needed to make sure that the government doesn't involve itself too much in the economy.

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Definitions:

Inputs

Resources or information entered into a system for processing or for generating a specific output.

Outputs

The results or products generated from a system or process.

Glycolysis

The metabolic pathway that breaks down glucose into pyruvate, producing energy in the form of ATP and NADH, occurring in the cytoplasm.

Flash Drives

Portable storage devices using flash memory for storing data and transferring it between computers without the need for physical disks.