Author Question: Which of the following is true? a. As long as human wants exceed available resources, scarcity will ... (Read 46 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
Which of the following is true?
 a. As long as human wants exceed available resources, scarcity will exist.
 b. Scarcity ultimately leads to competition for the available goods and services.
  c. Scarcity affects everyone to the same degree.
 d. Both a. and b. are true.

Question 2

Which of the government policies below is not likely to encourage per capita economic growth?
 a. High taxes on companies that spend a lot on capital formation
  b. The use of tax revenues for investment and capital formation
  c. Special subsidies for capital-intensive forms of production
  d. Promotion of education and training programs for workers



gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

d

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

For a complete list of videos, visit our video library