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Chapter 1 Economics Defined  Class Discussion Questions

1. What do scarcity and choice have to do with recent United States federal budget problems?






2. What are the economics goals of the United States and how is she doing?







3. Are the following subjects Macro or Microeconomic in nature?

    A. The Price of a new car.  _________________________

    B. The number of people working. ________________________

    c. The Green Revolution  ____________________________

   d. The Price of gasoline __________________________--

Answers to Chapter 1 Class Discussion Questions Table of Contents
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