Question

QUESTION 36 In deciding whether to study for an economics quiz or go to a concert, one is confronted by the idea(s) of o money and real capital. e scarcity and opportunity costs. complementary economic goals. full production QUESTION 37 If the consumer price index falls from 120 to 116 in a particular year, the economy has experienced e deflation of 3.33 percent deflation of 4 percent inflation of 3.33 percent inflation of 4 percent. QUESTION 38 Unemployment describes the condition where a person cannot get a job but is willing to work and is actively seeking work a person does not have a job, regardless of whether or not he or she wants one. any resource sits idle equipment and machinery are going unused

Answer 1

QUESTION 36 = OPTION B

QUESTION 37 = OPTION B

• CONSUMER PRICE INDEX helps to measure the changes of the price level of goods and services produces by households . it also help to identify the tenure of inflation or deflation .

QUESTION 38 = OPTION A

• UNEMPLOYMENT   means in simple words is when a person is ready to do full time job nut appointed in part time job .