ECO105Y1 Lecture : Kyle Tenn
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(1). Which of the following statements best reflects the focus of economic research?
A. Economics is the study of making choices in the face of constrained resources |
B. Economics is the study of how politicians distort market circumstances for their own purposes |
C. Economics is the study of graphs |
D. Economics is the study of the cost of health service delivery (2). Which of the following assumptions do economists make about situations as the starting point for explaining what is going on?
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