Multiple Choice
All of the following statements, except one, are valid examples of the way economists use the term 'scarcity.' Which is the exception?
A) Households face a scarcity of income.
B) Individuals face a scarcity of time.
C) Economies face a scarcity of resources.
D) The world faces a scarcity of ideas.
Correct Answer:
Verified
Correct Answer:
Verified
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