Multiple Choice
Which of the following statements best describes scarcity?
A) Scarcity and poverty are basically the same thing.
B) Goods are scarce because of greed.
C) Even in the wealthiest of countries, the desire for material goods is greater than productive capabilities.
D) The absence of scarcity means that a minimal level of income is provided to all individuals.
Correct Answer:
Verified
Correct Answer:
Verified
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