Economists Point Out That Scarcity Confronts

question 403

Multiple Choice

Economists point out that scarcity confronts

• A) the rich but not the poor.
• B) the poor but not the rich.
• C) neither the poor nor the rich.
• D) both the poor and the rich.

---

Definitions:

Range

Mathematical difference between the lowest and highest scores in a set of data.

Interquartile Range

A measure of statistical dispersion, representing the difference between the 75th and 25th percentiles.

Outliers

Data points that significantly differ from the others in a data set.

Range

The difference between the highest and lowest values in a dataset.