Scarcity

question 83

Multiple Choice

Scarcity:

• A) is a problem only in the poorer countries of the world.
• B) will disappear if the country is rich.
• C) can be solved by rapid advances in technology.
• D) is a problem that exists in every economy with limited resources.
• E) is not a problem for the developed countries.

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Definitions:

Eligible Employees

Workers who meet certain criteria set by their employers or government regulations, qualifying them for specific benefits or rights.

Family and Medical Leave Act

A U.S. federal law that provides eligible employees with unpaid, job-protected leave for family and medical reasons.

Americans with Disabilities Act

A civil rights law that prohibits discrimination against individuals with disabilities in all areas of public life.

Fair Labor Standards Act

A U.S. law that establishes minimum wage, overtime pay eligibility, recordkeeping, and child labor standards for full-time and part-time workers.