Multiple Choice
Which of the following is NOT mentioned in the textbook as a constraint that affects the economy?
A) Households are limited in what they can purchase by their income.
B) Businesses are limited in what they can produce by technology.
C) Households are limited in what they can purchase by government regulations.
D) Businesses are limited in what they can produce by past investments in factories, processes and materials.
Correct Answer:
Verified
Correct Answer:
Verified
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