Scarcity is a problem:
A. measured by the amount of goods available.
B. of the poor, but not the rich.
C. because human wants are unlimited while resources are limited.
D. only in industrialized economies.
Answer: C
Economics
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The CPI is reported once every
A) year. B) quarter. C) month. D) week. E) other year.
Economics
The textbook points out that rent controls have
A) benefited upper-income or existing tenants. B) had no effect on the market for housing. C) greatly benefited the homeless. D) attracted increases in low-income housing.
Economics