9:30am 2200 MacroEcon Midterm Ch 1-5, 23-30
1. Which of the following is real capital?
A. a pair of stockings
B. a construction crane
C. a savings account
D. a share of IBM stock
2. Which of the following is associated with macroeconomics?
Chapter 1Introducing the Economic Way of Thinking
1. When economists say scarcity, they mean:
a. there are only a limited number of consumers who would be interested in purchasing
b. the human desire for goods exceeds the available
1. Bill has many risk factors for coronary heart disease. For example his cholesterol level,
LDL, and HDL, and his blo