Multiple Choice
The fact that even a rich country like Canada faces the economic problem of scarcity implies that
A) scarcity must be a problem related to the use of land and labour in Canada.
B) scarcity must be the result of mismanagement of natural resources by Canadian businesses.
C) scarcity must be largely due to the inefficiency of the government in Canada.
D) wants and human desires in Canada exceed available resources.
E) Canada is not a rich country after all.
Correct Answer:

Verified
Correct Answer:
Verified
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