"the first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it.
the first lesson of politics is to disregard the first lesson of economics."
- thomas sowell
based on this quote, what type of economic system is thomas sowell best referencing?
a mixed economy
a command economy
a traditional economy
a free-market economy

Octavian’s army defeats the armies of cleopatra and antony at the battle of actium. select the best answer from the choices provided t or f

Drag each incentive to the correct location on the chart. nick has been hired as the marketing director of a sporting goods manufacturing company. classify his new job incentives as monetary or nonmonetary.

The united states economy is one in which producers are generally free to produce what they want and consumers are free to purchase what they desire, so long as no laws are broken. at the same time, however, the government does regulate some aspects of the economy. the u.s. can best be described as which of the following a mixed economy b liberated economy c command economy d market economy