ECONOMICS
SCARCITY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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There are enough resources available in the world to meet everyone’s wants and needs.
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False
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True
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -There are enough resources available in the world to meet everyone’s wants and needs. In a free enterprise economy, resources are free so anyone can obtain them. The U.S. economy has many characteristics of a private enterprise economy.
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