Author Question: In every economic system, choices must be made because resources A) are unlimited, but human ... (Read 131 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?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library