Select the correct answer
which phase of the business cycle would be marked by an increase in productty while employment and profis also se
Aiation
expansion
recession

Explain at least three factors economists consider the measurement of success, or shortcomings, of the economy? and give examples.

What is the rule relating the ratio of marginal utility to prices of two goods at the optimal choice? explain why, if this rule does not hold, the choice cannot be utility-maximizing.

How does a long war with a high number of casualties generally affect civilians’ and soldiers’ opinions of their government?