The problem of scarcity is confronted by:
A) industrialized societies.
B) pre-industrialized societies.
C) societies governed by communist philosophies.
D) all societies.
Ans: D) all societies.
Economics
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Unemployment means
A. the same as underemployment. B. a recession. C. slow economic growth. D. that not all resources are being used.
Economics
Which of the following regulates commercial banks as well as savings banks and savings and loans?
A. The Office of the Comptroller of the Currency B. Securities and Exchange Commission C. The Internal Revenue Service D. The Federal Reserve System
Economics