If the demand for beans tends to decline as incomes rise, everything else held constant, beans are _____

The existence of scarcity in economics comes from

A) resources being limited in supply. B) people being stupid. C) governments being corrupt. D) the rich controlling most resources.

At each of the three points in the following graph, indicate whether planned aggregate expenditure is greater than, equal to, or less than GDP?

What will be an ideal response?