The existence of alternative uses for a resource implies it isn't scarce.
a. true
b. false
Ans: b. false
Economics
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At the time it collapsed in 1991, the Soviet Union possessed all of the factors that promote increases in economic growth except:
A. a large stock of capital. B. abundant natural resources. C. a political and legal environment that promoted economic productivity. D. a highly educated worker force.
Economics
When the money supply is expanding and prices rise rapidly, economic growth
What will be an ideal response?
Economics