Which of the Following Would Eliminate Scarcity as an Economic

question 91

Multiple Choice

Which of the following would eliminate scarcity as an economic problem?

• A) Moderation of people's competitive instincts.
• B) Discovery of sufficiently large new energy reserves.
• C) Resumption of steady productivity growth.
• D) None of these.

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Definitions:

Limited

Refers to a finite amount or scope, often used in the context of resources, capabilities, or availability.

Bundled Choices

A rephrased definition would be: Marketing strategy where products or services are sold together as a single package, often at a discount, to encourage sales.

Voters

Individuals who have the legal right to vote in an election to choose representatives, enact laws, or decide on public policies.

Political Preferences

Refer to the individual or collective opinions, beliefs, or biases toward specific political parties, policies, or candidates.