Just as Resources Are Scarce for the Individual

question 160

Multiple Choice

Just as resources are scarce for the individual,

• A)they are also scarce for the economy as a whole
• B)they are never scarce for the economy as a whole
• C)they are randomly abundant for other individuals
• D)there will be zero resources available for the economy as a whole
• E)the economy a whole is never faced with having to make rational choices about using resources

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Definitions:

Kelly

This could refer to a person's name or a specific concept named after an individual named Kelly. Without further context, a more specific definition is not possible.

Personality Attribute

A characteristic or quality that defines or contributes to an individual's distinct personality, such as traits, behaviors, and attitudes.

Locus Of Control

A psychological concept that refers to individuals' beliefs about the extent to which the outcomes of their actions are under their own control (internal locus) or beyond their control and determined by external forces (external locus).

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.