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MICRO ECONOMICS CHOOSE THE BEST ANSWER. Q. The products: a) They are economic goods that I need, l go out to took for them and

MICRO ECONOMICS CHOOSE THE BEST ANSWER.

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Q. The products: a) They are economic goods that I need, l go out to took for them and I find them {need 8: wants} in a market bi It is the sum of the external and internal debt of a country c) It is the result of multiplying production by its price d) They are economic goods intended for the ptoduction of tangible goods and services 10, Positive or descriptive economics: a} modifies the tax system and the monetary system to improve 13) it is the one that analyzes the present facts to explain the economic behavior of today c) is the one that issues value iudgmenls and how it should d) modify government policies to eliminate poverty it The normative economy, a) it deals With the market, monetary and political system b) It deals with the system of taxes, prices and purchase trials c) is the one that analyzes the present facts to explain the economic behavior of today (it it is the one (hat 'ssues the value iuclgrnents and how 1-: shou'd be 12. The economy we define "Wealth": a) When the resources or factors of production provide capital gains and operating profit bi When the resources are in the hands of the producing companies and the prices and the economic growth is controlled by the market c] plan economic development in the short, medium and long term, achieving $ 2 millions saved in the bank. cl) When the resources are in the hands of the producing companies and the prices and the economic growth is controlled by the market 13, How to produce ?: to answer it there are three complementary questions: to what imrazonabice perverse incentives Who discriminates? and what costs are b} the resources are in the hands of the producing companies? The prices? and who does it economicalty control the market? c) Who organizes? What techniques will I use? and What resources will I use? d) I control resources ?, l control prices ?, and Who controls growth economic? M. The 5 economic functions of the goveinmcnt are: a) prowde the legal and seeial framework, controi large corporations, redistribute contributions, subsidize the poor and expand business cycles bl preserve competition, make an equitable distribution of income, strengthen the tax system, controls the banking system and provides the legal framevmik c) redistributes income for equity reasons, strengthens the monetary system, controls iarge companies, restricts private property and provides the cycles economic d) reallocate resources, stabilize the economy, redistribute income for reasons 15. What is economic efficiency? provide perverse incentives. discsimination, and unreasonable costs to the consumer economic growth is controlled by the market c} plans economic development in the short, medium and long term because the good Common is priority over proprietary assets d) is the actiVIty of looking for the best combination of production factors i6. The dynamic economic efficiency is: a) increase the volume of production with the same factors of production b) the best combination of products with the same factors of production {law recycling} c} when technology reduces production costs oil the relationship between the li'ut of resources and the resulting output

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