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:

Interpersonal Stances

The positions or attitudes adopted by individuals in social interactions, which influence the nature and dynamics of their relationships.

Psychological Principles

Foundational concepts or laws within psychology that explain mental functions and behaviors, including learning, perception, motivation, and emotion among others.

Therapeutic Relationship

The professional bond between a therapist and a client, which is foundational for effective therapy and characterized by trust, respect, and understanding.

Existential Therapy

A form of psychotherapy that emphasizes individual freedom, choice, and responsibility, focusing on the client's experience in the present moment.