The Problem of Scarce Resources

question 115

Multiple Choice

The problem of scarce resources

• A)means that in some cities there are not enough jobs
• B)could be solved if the unemployment rate fell
• C)is that there are not enough resources to satisfy people's unlimited wants
• D)is that resources are used inefficiently
• E)can be solved by lowering taxes

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Definitions:

Prevention

Strategies or actions taken to stop something undesirable from happening, such as illness or accidents.

Creation

The process of bringing something new into existence, whether it's an idea, product, or artwork.

Deception

The act of misleading or tricking someone through false statements or actions.

Goal Oriented

A focus on setting and achieving objectives to accomplish specific aims.