Could production and consumption take place without money? If you think they could, give examples.
Before reading on, how would you define scarcity? Must goods be at least temporarily unattainable to be scarce?
If we would all like more money, why does the government not print a lot more? Could it not thereby solve the problem of scarcity 'at a stroke'?
What is it that makes each one of the above news items an economics item?
Which of the following are macroeconomic issues, which are microeconomic ones and which could be either depending on the context?
Assume that you are looking for a job and are offered two. One is more unpleasant to do, but pays more. How would you make a rational choice between the two jobs?