Scarcity implies that?

A. goods cannot be produced efficiently B. human wants are unlimited C. goods and services are limited in supply D. commodities are evenly distributed within the economy Correct Answer: Option C C. goods and services are limited in...

A country is economically rich if?

A. If there is a lot of money in circulation relative to its population B. It has a large volume of goods and services relative to its population C. It has a large reserve of idle skilled manpower D. There is a large amount of reserved mineral resources Correct...

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