3. Do You Think Like An Economist?
1. The best things in life are free.
A. True
B. False
2. The largest cost of going to college is tuition, room, and board.
True
A.
False
B.
3. If someone makes an economic gain, someone else loses.
True
A.
False
B.
4. If one nation makes everything better and faster than another nation, there is no
economic reason for these two nations to trade.
True
A.
False
B.
5. Life is priceless.
True
A.
False
B.
3