When Economists Say That All Societies Face Scarcity, They Are

question 199

Multiple Choice

When economists say that all societies face scarcity, they are describing

• A) free lunches.
• B) unlimited resources.
• C) unlimited wants.
• D) tradeoffs societies must make.

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Definitions:

Angiotensin II

A peptide hormone formed by the action of angiotensin-converting enzyme on angiotensin I; stimulates aldosterone secretion by the adrenal cortex.

Cardiovascular Disease

Disease of the heart or blood vessels; the leading cause of death in most industrial societies.

Blood Vessels

Tubular structures carrying blood through the tissues and organs; a vital part of the circulatory system.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels (arteries, capillaries, and veins) and can lead to severe health complications such as heart attack or stroke.