Which of the following statements is accurate regarding economics? Economics only affects those who own a business or are wealthy. Economists are mostly concerned with making money. People make economic choices every day. The foundation of economics is personal greed.

Which of the following statements is accurate regarding economics? Economics only affects those who own a business or are wealthy. Economists are mostly concerned with making money. People make economic choices every day. The foundation of economics is personal greed.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Which of the following statements is accurate regarding economics?

	Economics only affects those who own a business or are wealthy.
	Economists are mostly concerned with making money.
	People make economic choices every day.
	The foundation of economics is personal greed.

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