Ten Principles of Economics
N. G R E G O R Y M A N K I W
In this chapter, look for the answers to
What kinds of questions does economics
What are the principles of how people make
Homework 1 (40 questions)
Identify the choice that best completes the statement or answers the question.
1. Resources are
a. scarce for households but plentiful for economies.
b. plentiful for households but scarce for economies.