Explain why an economy's output,

  1. Which of the following describes an economy in which the interaction of supply and demand determines price and output and there
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  2. A production possibilities frontier showsGroup of answer choices The maximum possible output of an economy. Under-utilization of
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  3. What is the best description of GDP per capita?A. an economy's total output divided by its total population B. an economy’s
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  4. What is the best description of GDP per capita?a. an economy's total output divided by its total population b. an economy’s
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  5. What is the best description of GDP per capita?(1 point) Responses an economy's total output divided by its total population an
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  6. What is the best description of GDP per capita?(1 point) Responses an economy's total output divided by its total population an
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  7. What is the best description of GDP per capita?(1 point) Responses an economy's total output divided by its total population an
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  8. Explain why an economy's output, in esence, is also its income.
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  9. What is a service economy? (1 point)A service economy is an economy with lax governmental intervention in any service jobs,
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  10. What is a service economy?A service economy is an economy with lax governmental intervention in any service jobs, allowing the
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