Sign up for FREE

5/3

Last updated over 5 years ago

1 question

1

Question 1

1.

Available resources will never be enough to satisfy all human needs and wants. This basic problem of economics leads to which outcome?

A   Inflation expands purchasing power.

B   Workers earn more through overtime pay.

C   Scarcity requires people to make choices.

D   Personal expenses increase on an annual basis.