Nate and Dylan Are Brothers

question 172

Multiple Choice

Nate and Dylan are brothers.They have to mow the lawn and clean their rooms before they can go to a football game.Nate mows the lawn and Dylan cleans up the rooms,and they make it to the football game on time.Which economic concept does this statement BEST represent?

• A) "How much" is a decision at the margin.
• B) There are gains from trade.
• C) Markets usually lead to efficiency.
• D) One person's spending is another person's income.

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Definitions:

Tone of Voice

The quality or characteristic of a voice that conveys the speaker's emotions or intentions.

Panic Disorder

Recurrent attacks of intense terror that come on without warning and without any apparent relationship to external circumstances.

Population

A group of individuals of the same species living and interacting within a specific area at a given time.

Percent

Percent denotes a part or fraction of a whole, specifically expressing a number as a fraction of 100.