ME INSERT DESIGN PAGE LAYOUT REFERENCES MAILINGS REVIEW VIEW Times New Ro 16 Aa - AaBbCcDo AaBbCcDc AaBbC( AaBbccp AaBl AaBbCCE B abe IT Normal|T No Space.. |Heading 1 Heading 2 Title Subtitle at Painter Font Paragraph Styles 4. Identify the scarce resource in each of the following complaints which imply the existence of various basic economic problems. a) A student saying: "I want to work hard and get good marks but the result will be that I can go swimming less often. b) A new graduate saying: "at last I can afford to buy a car, but I wish I could be able to buy an apartment as well". A parent saying: 'I am spending a lot on the education of my children and so I have less for travelling'- 5. Identify the relationship between the (2) variables of a Graph in the following situations: a) When the curve is sloping upward. b) When the curve is sloping downward. c) When the curve is parallel to the X axis or Y axis. 290 WORDS DE ENGLISH (UNITETitle Subtitle Subtle Font Paragraph Styles 6. What is the difference between a positive statement and a normative one? Give examples. 7. Compare between microeconomics and macroeconomics. RDS [X ENGLISH (UNITED KINGDOM) here O e WE