In Any Economic System,scarce Resources Have to Be Allocated Among

question 1

Multiple Choice

In any economic system,scarce resources have to be allocated among competing uses.Market economies harness the forces of

• A)government to allocate scarce resources.
• B)supply and demand to allocate scarce resources.
• C)credit cards to allocate scarce resources.
• D)nature to allocate scarce resources.

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Definitions:

Personality Characteristics

Enduring traits and qualities that define an individual's behavior, attitudes, and emotional responses.

Vocation

A person's employment or main occupation, especially regarded as particularly worthy and requiring great dedication.

Career Path

A progression or series of jobs and roles that a person undertakes throughout their working life.

Extraversion

A personality trait characterized by sociability, talkativeness, assertiveness, and high amounts of emotional expressiveness.