Just choose the right answer no need to justify or explain plz 1. According to economists, one of the following resources (factors) is not an economic resource (or factors of production): A- The block of stocks and bonds worth $100,000 B- The ton of iron extracted from the earth C- The IBM computer engineer D- The ability of a CEO to manage a company E- The assembly line of a company 2. One of the following statements is not in microeconomics: A- The change in household spending in Canada from 2008 to 2019 B- The rise in prices in the residential real estate market C- The effect of the minimum wage increase on the labour market D- The effect of the falling birth rate on the demand for toys E- The evolution of the supply of illegal cannabis following the decriminalization of cannabis 3. Find the right answer. Economy X can produce two types of goods: PM and PT. If this economy decided to use all its resources to produce exclusively PT : A- This economy would be at full employment B- This economy would be underemployed C- This economy would be overemployed D- This economy would be in recession with a high unemployment rate E- This economy would operate below its production possibilities curve 4. Find the right answer. The gasoline (gas) market is in balance. TCEEA, gas stations are lowering gasoline prices. According to the law of supply and demand discussed in class : A- Demand will decrease B- Supply will decrease C- The market will be in surplus D- The market will be in shortage E- The quantity demanded will decrease and the quantity offered will increase 5. TCEEA, the quantity demanded of which of the following products would react more strongly to a large price increase: A- Gasoline B- Tobacco C- Alcohol D- Breakfast cereals E - Medicines