Consider the Expression: Result = 12 + 5 / 2;

question 17

Multiple Choice

Consider the expression: result = 12 + 5 / 2;
What value stored in result after this line is executed?

• A) 14.5
• B) 8.5
• C) 9
• D) 14
• E) this will result in a compiler error

Understand the importance of assumptions in economic modeling and their potential limitations.

Identify key factors of production and their roles.

Describe the concept of comparative and absolute advantages in trade.

Understand the role of economists and economic institutions in policy making and analysis.