Greater Scarcity of a Natural Resource Is Indicated

question 155

Multiple Choice

Greater scarcity of a natural resource is indicated

• A)by an increase in the price of the resource,whether the price increase is less than or greater than the rate of inflation.
• B)only by an increase in the price of the resource that is less than the rate of inflation.
• C)only by an increase in the price of the resource that is greater than the rate of inflation.
• D)only by an increase in the price of the resource that is caused by a decrease in supply and is greater than the rate of inflation.

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