Which of the Following Is Considered by Economists to Be

question 125

Multiple Choice

Which of the following is considered by economists to be the most fundamentally scarce?

• A)money 
• B)ideas 
• C)needs 
• D)food 
• E)physical resources

---

Definitions:

Diversifiable Risks

Risks that can be reduced or eliminated from a portfolio through diversification.

Unique Risks

Unique risks refer to the specific and individual risks that affect only a particular company, security, or investment sector, as opposed to risks that affect the entire market.

Unsystematic Risk

The risk associated with a specific company or industry, which can be reduced through diversification.

Asset-specific Risk

Refers to the risk affecting an investment's value that is associated with the particular assets the investment owns, distinct from marketwide risks.