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 as long as the resources are limited.
Correct Answer:
Verified
Q4: Which of the following goods is not
Q5: Scarcity:
A) is a problem only in the
Q6: The finite nature of the economy's resource
Q7: An economics textbook is an example of:
A)
Q8: All of the following are examples of
Q10: Scarcity is a situation:
A) where people's needs
Q11: The three basic categories of resources are
Q12: The creative ability of individuals to combine
Q13: Which of the following is not a
Q14: Scarcity:
A) does not exist.
B) implies that people
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