Which of the following would eliminate scarcity as an economic problem?
A) Moderation of people's competitive instincts.
B) Discovery of sufficiently large new energy reserves.
C) Resumption of steady productivity growth.
D) Economic scarcity cannot be eliminated.
Correct Answer:
Verified
Q1: Which of the following is not an
Q2: An entrepreneur is a motivated person who
Q3: The perpetual state of insufficiency of resources
Q6: The finite nature of the economy's resource
Q6: Labour resources:
A)include only physical activities.
B)are only counted
Q7: An economics textbook is an example of:
A)
Q9: Economists believe that scarcity forces everyone to:
A)satisfy
Q10: Scarcity is a situation:
A) where people's needs
Q11: Which of the following is closest to
Q14: Scarcity:
A) does not exist.
B) implies that people
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