Which Statement Is True

question 105

Multiple Choice

Which statement is true?

• A)Scarcity is simply a lack of money.
• B)Our society has been so affluent in the last 50 years that scarcity is only a minor problem.
• C)The economic problem refers to the problem of poverty.
• D)If scarcity did not exist there would be no need to economize.

---

Definitions:

Black Bile

An ancient medical concept, part of the four humors theory, believed to be responsible for melancholic temperament and conditions.

Major Depressive Disorder

A mood disorder identified by a constant feeling of depression or an absence of pleasure in tasks, resulting in major hindrances in day-to-day activities.

Persistent Depressive Disorder

A chronic form of depression characterized by a depressed mood for most of the day, more days than not, for at least two years.

Major Depressive Disorder

A psychiatric condition characterized by a lasting feeling of melancholy or lack of desire in pursuits, which severely impacts daily lifestyle.