Multiple Choice
Which of the following statements about scarcity is the most accurate?
A) It is a problem in both communist and socialist countries, but not in market economies.
B) It will never be eradicated because humans develop new wants as productive capabilities improve.
C) It is a problem only in communist countries.
D) It does not exist in wealthy countries.
Correct Answer:

Verified
Correct Answer:
Verified
Q269: What is the difference between a theory
Q270: What is the term for the branch
Q271: What is the result of economic choices
Q272: "A reduction in the rate at which
Q273: What do all economic problems arise from?<br>A)
Q275: Which of the following statements best describes
Q276: What is another term for economic resources?<br>A)
Q277: What do economists mean when they state
Q278: What is the solution to solving the
Q279: What does the term "ceteris paribus" mean