An increase in the quantity of labor inputs always leads to economic growth.
a. True
b. False
Indicate whether the statement is true or false
Question 2
To say that there is a scarcity of gold means that:
a. gold prices will fall in the future.
b. there is not enough gold to satisfy people's demand for it at a zero price.
c. there are very few substitutes for gold.
d. gold is very expensive.
e. the demand for gold is changing.
