What is the relationship between scarcity and shortage, as economists use the terms?
A) Scarcity and shortage cannot exist simultaneously.
B) Shortages are the basic cause of scarcity.
C) Scarcity creates shortages in the long run.
D) Scarcity is relative while shortages are absolute.
E) Scarcity is unavoidable but shortages are not.
Question 2
In a persisting demand-pull inflation,
A) aggregate supply decreases and aggregate demand increases.
B) aggregate demand decreases and aggregate supply decreases.
C) aggregate demand increases and potential GDP decreases.
D) aggregate supply increases and aggregate demand increases.
E) None of the above answers is correct.
Relationship between body size and seed size in Galapagos finch species
Model of the GABA Receptor–Chloride Channel Molecules in Relationship to Antiseizure Pharmacotherapy
Rules for Forming Plurals Medical Terms (NOUNS)
Relationship between blood and lymph capillaries.
Thyroid hormone production—Relationship between pituitary and thyroid glands. Thyroid hormone ...
How to determine if a table of values represents a linear or quadratic relationship