The challenge we face as a society is to strike a balance between the part of our standard of living that is formed from the ______ of goods and services and the part that is formed from the ______ of goods and services.

Question

Quizplus · Accepted Answer

The first part of the sentence suggests that one part of our standard of living is formed from the production of goods and services, while the second part suggests that another part is formed from the consumption of goods and services. Therefore, the best choice is A, as it correctly pairs production with the first part and consumption with the second part. Choices B, C, and D do not accurately reflect the two components of our standard of living mentioned in the sentence.

The Challenge We Face as a Society Is to Strike