Scarcity

question 104

Multiple Choice

Scarcity:

• A) is a problem only in the poorer countries of the world.
• B) can be solved by rapid advances in technology.
• C) is a problem that exists in every economy.
• D) is not a problem for the very rich.

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Definitions:

Signature Requirement

Refers to the legal or procedural need for a document to be signed in order to be considered valid and enforceable.

Family Incentive

A reward or encouragement offered to promote family-related activities, goals, or behaviors.

Attestation

The act of witnessing a document or event and then signing it to confirm its authenticity.

Effective

Producing a decided, decisive, or desired effect; fully operational or functional.