1. What are the three basic economic questions?

1.
2.
3.

2. Answer the following questions in your own words.
Which economic thinkers had the greatest effect on the development of the United States? Explain.

3. How do laws and regulations help promote competition?

Using context clues read the sentence, then use context clues to determine the definition of parameters. setting clear parameters, such as rules, guidelines, or instructions, people understand what is expected of them. what is the definition of parameters? which type of context clue is used in the sentence?