Multiple Choice
Scarcity is the result of:
A) government decision making.
B) inappropriate normative judgments.
C) positive economics.
D) wants that exceed the resources necessary to provide them.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: "The government should levy higher taxes on
Q10: In his book, The Wealth of Nations,
Q11: "A reduction in the rate at which
Q12: When people make choices they typically know
Q13: "The minimum wage should be increased so
Q15: An economic study concludes that an investment
Q16: How do we find the slope of
Q17: A good economic theory:<br>A)includes every detail that
Q18: If we choose more work we sacrifice
Q19: A good economic theory, or model, weeds