Examlex
Which of the following is targeted by the SCF complex?
Scarcity
The basic economic issue arises from the reality of endless human desires facing the constraint of finite resources.
Normative
Pertaining to or expressing judgments based on values, standards, or ideals, often concerning what is right or wrong, or what ought to be.
Positive
Refers to statements or assertions that are objective and based on factual evidence, often used in the context of affirming information in sciences and economics.
Microeconomics
The part of economics concerned with (1) decision making by individual units such as a household, a firm, or an industry and (2) individual markets, specific goods and services, and product and resource prices.
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