UNIVERSITY OF ARIZONA ECON 200 Chapter 1 & Chapter 2 Study Guide Questions & Answers (ECON200)
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UNIVERSITY OF ARIZONA ECON 200 Chapter 1 & Chapter 2 Study Guide Questions & Answers (ECON200)
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Exam (elaborations) ECON 200 Exam 1 2020 latest update with all thye correfct answers
Exam (elaborations) • 23
pages
• 2021
Sample Exam Answers for Exam 1 from Old Exams Chapter 1 1. Economics is A) the study of how people make choices B) the study of stock trading C) the study of money D) the study of large corporations 2. If it takes even a small amount of time, energy or money to acquire then a good is A) abundant B)...
Exam (elaborations) ECON 200 Exam 1 2020 latest update with all thye correfct answers
Last document update:
ago
Sample Exam Answers for Exam 1 from Old Exams Chapter 1 1. Economics is A) the study of how people make choices B) the study of stock trading C) the study of money D) the study of large corporations 2. If it takes even a small amount of time, energy or money to acquire then a good is A) abundant B)...
UNIVERSITY OF ARIZONA ECON 200 Chapter 1 & Chapter 2 Study Guide Questions & Verified Answers 100%
Exam (elaborations) • 10
pages
• 2020
UNIVERSITY OF ARIZONA
ECON 200 Chapter 1 & Chapter 2

Study Guide Questions & Answers


Chapter 1

1.	Economics is

A)	the study of how people make choices
B)	the study of stock trading
C)	the study of money
D)	the study of large corporations

2.	If it takes even a small amount of time, energy or money to acquire then a good is

A)	abundant
B)	in shortage
C)	cheap
D)	scarce

3. An example of a direct negative incentive is:

A)	providing a commission for sales.
B)	awarding a promotion for hard wo...
UNIVERSITY OF ARIZONA ECON 200 Chapter 1 & Chapter 2 Study Guide Questions & Verified Answers 100%
Last document update:
ago
UNIVERSITY OF ARIZONA
ECON 200 Chapter 1 & Chapter 2

Study Guide Questions & Answers


Chapter 1

1.	Economics is

A)	the study of how people make choices
B)	the study of stock trading
C)	the study of money
D)	the study of large corporations

2.	If it takes even a small amount of time, energy or money to acquire then a good is

A)	abundant
B)	in shortage
C)	cheap
D)	scarce

3. An example of a direct negative incentive is:

A)	providing a commission for sales.
B)	awarding a promotion for hard wo...