Which of the following describes why the basic economic questions need to be answered? A. Economic systems are mixed in real-life economies. B. Where to find the next valuable resource is difficult to determine. C. Scarce resources require trade-off decisions. D. A healthy system requires a strong organizational principle. E. Price allows people to compare a numerical value to diverse goods and services.

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?