Which Two of the Ten Principles of Economics Are Illustrated

question 428

Multiple Choice

Which two of the Ten Principles of Economics are illustrated in this chapter?

• A)A country's standard of living depends on its ability to produce goods & People face tradeoffs.
• B)Prices rise when the government prints too much money & Governments can sometimes improve market outcomes.
• C)Governments can sometimes improve market outcomes & People face tradeoffs.
• D)People face tradeoffs & Prices rise when the government prints too much money .

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Definitions:

Weighted Average

Weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a data set.

Free Cash Flows

The amount of cash generated by a business that is available for distribution to its securities holders after capital expenditures.

Year 0 Value

A reference to the initial value or investment amount at the beginning of a project or investment period, often used in financial analysis.

Weighted Average

A computation that considers the different levels of significance of numbers within a dataset.