Economics terminology Essay Topics

Chapter 2 Exam – Scarcity and the World of Trade

CHAPTER 2 Exam – Scarcity and the World of Trade—offs MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1)As a student of economics, when you speak of scarcity, you are referring to A)the ability of society to employ all of its resources. B) the ability of society to… View Article