Scarcity is a situation in which ________
A) some people are poor and others are rich
B) something is being wasted
C) we are unable to satisfy all our wants
D) long lines form at gas stations
C
Economics
You might also like to view...
Cans of soup purchased by supermarkets but not sold to individuals in the current period
A) are considered intermediate goods, yet still count in the GDP. B) are considered intermediate goods, thus do not count in the GDP. C) are considered investment goods and do count in the GDP. D) are considered investment goods and thus do not count in the GDP. E) are considered consumption goods but do not yet count in the GDP.
Economics
What are the primary reasons for and against a policy of "too big to fail."
What will be an ideal response?
Economics