Because resources are scarce and wants are unlimited, _____.
A) only the rich get everything they want
B) we must choose from among our many wants
C) there will be more services produced than goods
D) people search for spiritual fulfillment rather than material fulfillment
E) poor people never get anything they want
Correct Answer:
Verified
Q7: Which of the following would an economist
Q8: When economists refer to human capital, they
Q9: Which of the following fundamental resources is
Q10: A resource is something that:
A) is used
Q11: Natural resources are:
A) not considered scarce because
Q13: Which of the following statements regarding the
Q14: The problem of scarce resources:
A) can be
Q15: Alan is a retired economist who enjoys
Q16: Economics:
A) studies human behavior when scarcity exists
Q17: Which of the following is not classified
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