Multiple Choice

Every society must deal with the problem of scarcity because
A) people do not have enough money to buy everything they need.
B) government taxes consumers too much.
C) human beings become satiated as consumption increases.
D) human wants are nearly unlimited relative to the availability of resources.
E) productive resources, technology, and labor are unlimited.
Correct Answer:
Verified
Related Questions
Q44: Stocks and bonds are examples of:
A)natural resources.
B)financial
Q55: Which of the following should not be
Q56: People
A) tend to specialize in those activities
Q57: In economics, physical capital includes
A) money.
B) natural
Q58: Labor resources (input) include
A) skilled workers but
Q60: It is inappropriate to assume that accounting