In a Market System, ________ Provide Signals About Whether Resources

question 161

Multiple Choice

In a market system, ________ provide signals about whether resources are relatively scarce or abundant.

• A)prices
• B)economists
• C)government officials
• D)scientists and engineers

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Definitions:

Problem Solving

The process of identifying a problem, developing possible solutions, and choosing and implementing the best solution.

Diplomatic

Pertaining to the conduct of relations between nations, often involving negotiation and the management of international relations.

Writing Technique

The method or style adopted by a writer to communicate their message effectively.

Active

Engaged in action or activity; not passive or idle.