A central and fundamental theme in economics is that:
A)wants are limited.
B)the United States is a rich country,but we are simply not aware of it.
C)people have unlimited wants but limited means to satisfy them.
D)resources are unlimited.

Question

Quizplus · Accepted Answer

This is a fundamental concept in economics that people have unlimited wants, but limited resources to satisfy those wants. It leads to the need to make choices and trade-offs, which are key components of economic decision-making. The other options (A, B, and D) are not central themes in economics.

A Central and Fundamental Theme in Economics Is That