Question: 5. Match each concept in Column A with an example in Column B. a. Column A Negative externality 1. b. An essential economic activity 2.
5. Match each concept in Column A with an example in Column B.

a. Column A Negative externality 1. b. An essential economic activity 2. Column B You should spend more time studying economics A fair and just society 3. If you spend more time studying economics, you will have less time to sleep C. A final goal d. An intermediate goal 4. e. A normative statement 5. f. A positive statement 6. g. An opportunity cost 7. The current unemployment rate is 7 percent You are studying economics in order to get a good job Producing this book resulted in pollution Resource management
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
