Every Economy Must Ration Goods in Some Way Because of

question 122

Multiple Choice

Every economy must ration goods in some way because of

• A) overpopulation.
• B) poorly-performing markets.
• C) the income gap between rich and poor.
• D) scarcity.

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Definitions:

Inequality

A mathematical statement indicating that two expressions are not equal, often involving signs such as > (greater than), < (less than), ≥ (greater than or equal to), or ≤ (less than or equal to).

Inequality

A mathematical relationship between two expressions that are not equal, using symbols such as <, >, ≤, or ≥.

Given Graph

Refers to a particular graph that has been presented or specified in a problem or context.

Dietician

A healthcare professional specializing in diet, nutrition, and the regulation of diet based on the needs of an individual.