What is the strongest argument for why we need more economists today than ever before?
A) We have a need for more wealth given the higher standard of living that individuals demand.
B) Economists are needed to address the allocation of scarce resources as a result of the world's growing population.
C) Economists are needed to make sure that firms continue to make profits.
D) Economists are needed to make sure that consumers are well informed about their possible purchase options and that they budget their finances appropriately.
E) Economists are needed to make sure that the government does not involve itself too much in the economy.

Question

Quizplus · Accepted Answer

With a growing global population, there will be an even greater strain on already scarce resources. Economists are needed to provide solutions for how to allocate these resources efficiently and effectively.

What Is the Strongest Argument for Why We Need More