Which of these scenarios would explain a strategy used to evaluate large numbers in terms of what they mean per person? Answer choices a-A high school teacher wants to show her students how big the military budget is by comparing it to the size of the economy. b-A professor explains that a new piece of legislation would cost $50 billion and would tax each citizen $0.20. c-An economist wants to show the magnitude to which unemployment has increased over time by comparing it to unemployment in previous years. d-An economist shows an audience how severe overpopulation is by determining when the population will double.
Which of these scenarios would explain a strategy used to evaluate large numbers in terms of what they mean per person? Answer choices a-A high school teacher wants to show her students how big the military budget is by comparing it to the size of the economy. b-A professor explains that a new piece of legislation would cost $50 billion and would tax each citizen $0.20. c-An economist wants to show the magnitude to which unemployment has increased over time by comparing it to unemployment in previous years. d-An economist shows an audience how severe overpopulation is by determining when the population will double.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of these scenarios would explain a strategy used to evaluate large numbers in terms of what they mean per person?
Answer choices
a-A high school teacher wants to show her students how big the military budget is by comparing it to the size of the economy.
b-A professor explains that a new piece of legislation would cost $50 billion and would tax each citizen $0.20.
c-An economist wants to show the magnitude to which
d-An economist shows an audience how severe overpopulation is by determining when the population will double.
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