Which of the Following Statements Regarding the Basic Economic Problem

question 122

Multiple Choice

Which of the following statements regarding the basic economic problem of scarcity is correct?

• A)The problem only exists in countries that are not highly industrialized.
• B)The problem is likely to disappear as production increases.
• C)The problem is sure to disappear as technology improves.
• D)The problem will exist as long as resources are available in limited amounts.
• E)The problem will disappear as a person's income falls.

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Definitions:

Organizational Identification

The degree to which an employee associates themselves with their organization and its values, leading to a stronger commitment and sense of belonging.

Motivation

The driving force or reasons behind individuals' actions, desires, and needs.

Attribution Theory

A psychological theory which explains how individuals interpret events and how this relates to their thinking and behavior by assigning causes to behaviors.

Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject.