The fundamental problem of economics is
A) The law of increasing opportunity costs.
B) The scarcity of resources relative to human wants.
C) How to get government to operate efficiently.
D) How to create employment for everyone.
Correct Answer:
Verified
Q6: Which economist argued that free markets unleashed
Q12: Which of the following is not one
Q14: Opportunity cost may be defined as the
A)Goods
Q14: Capital,as economists use the term,refers to
A)The money
Q14: With respect to factors of production,which of
Q15: A production possibilities curve indicates the
A)Combinations of
Q16: Which of the following is not a
Q19: Which of the following is an assumption
Q21: The production possibilities curve illustrates
A)The limitations that
Q22: The production possibilities curve illustrates which two
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