1.scarcity
2.trade-offs
3.land
4."guns or butter"
5.opportunity cost
6.entrepreneur
7.underutilization
9. we can constantly, as a whole, eat all the corn we can grow, harvest, and prepare so its constantly a scarcity. 10 A. food and jobs. B. sanitation and government
C. income and material objects
D. housing and income
11.Food, numbers, and years 12.as production shifts from one item to a second item, more and more resources are necessary to increase production of the second term 13.putting people to work through public help operations like building railroads won't help us make money, it will only help to provide short term job opportunities
14.Medicare, Social Security, and Food stamps all require the generation of $$$$$
15.No, they need to generate $$$$ for a work force and materials
16.1.if i go to a crazy kid's party then i may get wasted and act like an idiot: went to party
2.if i fall asleep now then i don't finish the last question and get less of a grade on my econ assignments:finished...barely
3.if i eat all the bologna today then i will feel sick and won't have any meat for a sandwich tomorrow: ate bologna
2.trade-offs
3.land
4."guns or butter"
5.opportunity cost
6.entrepreneur
7.underutilization
9. we can constantly, as a whole, eat all the corn we can grow, harvest, and prepare so its constantly a scarcity.
10 A. food and jobs.
B. sanitation and government
C. income and material objects
D. housing and income
11.Food, numbers, and years
12.as production shifts from one item to a second item, more and more resources are necessary to increase production of the second term
13.putting people to work through public help operations like building railroads won't help us make money, it will only help to provide short term job opportunities
14.Medicare, Social Security, and Food stamps all require the generation of $$$$$
15.No, they need to generate $$$$ for a work force and materials
16.1.if i go to a crazy kid's party then i may get wasted and act like an idiot: went to party
2.if i fall asleep now then i don't finish the last question and get less of a grade on my econ assignments:finished...barely
3.if i eat all the bologna today then i will feel sick and won't have any meat for a sandwich tomorrow: ate bologna