Related to the Economics in Practice on p. 35: In all societies, resources are limited relative to people's demands, and there are ________ trade-offs individuals face in rich countries versus poor countries.
A) fewer
B) large differences in the kinds of
C) virtually no differences in the types of
D) more important

Question

Quizplus · Accepted Answer

The sentence implies that there are indeed trade-offs individuals face in both rich and poor countries, but the difference lies in the kinds of trade-offs due to the difference in resources and demands. Therefore, option B, "large differences in the kinds of," is the best choice.

Related to the Economics in Practice on P