Goods are scarce because
a. of greed; if human beings were not so selfish, goods would not be scarce.
b. the desire for goods is far greater than their availability from nature.
c. of competition; if people were not so competitive, it would be possible to satisfy people's
desire for material goods.
d. of private property; if things were not owned privately, scar
b. the desire for goods is far greater than their availability from nature.
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In an economy with no government and no international trade, consumption expenditures will be less than the total value of goods and services when
A) people save some of their income. B) people barter rather than use money in making exchanges. C) saving is zero. D) investment is zero.
Sheena lost her job as a sales manager when she quit to move to Texas. She is currently submitting applications and doing job interviews. What type of unemployment is this?
a. structural b. cyclical c. she is not unemployed d. frictional