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What is the best definition of an economic good?

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Land, labor, and capital are:

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Which of the statements below does not apply to the production-possibility frontier, or PPF?

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Government’s role in a modern economy is to:

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Which of the following is an appropriate economic goal for government in a mixed economy?

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Which of the following statements is false when an economy is on its PPF?

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Economic policies can be designed to fight which of the following economic problems?

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Which of the following may have been considered a free good today?

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Which of the following statements could be used to explain an outward shift in the production-possibility frontier?

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The subject of economics includes:

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Fundamental Economic Concepts - Quiz 2
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