Author Question: In every economic system, choices must be made because resources A) are unlimited, but human ... (Read 156 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
In every economic system, choices must be made because resources
 
  A) are unlimited, but human desires and wants are limited.
  B) are limited, but human desires and wants are unlimited.
  C) are unlimited, and so are human desires and wants.
  D) are limited, and so are human desires and wants.

Question 2

The problem of economic scarcity applies
 
  A) only in developed countries, because resources are scarce in these nations.
  B) only in underdeveloped countries, because there are no productive resources in these nations.
  C) only to an economy with an insufficient supply of money.
  D) to the economies of all nations, regardless of their level of development.



dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

fahad

  • Hero Member
  • *****
  • Posts: 570


 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library