Scarcity in economics means that:

there must be poor people in rich countries.

the wants of people are limited.

we do not have sufficient resources to produce all of the goods and services we want.

shortages exist in nearly all markets.

What three requirements must a person meet to become president or vice president of the United States?

How does local music influence the Christian services at the Evangelical Presbyterian Bethel Church in Accra?

Where does the tradition of kissing under mistletoe come from? Most believe it originated from Norse Mythology It was first mentioned in "'Twas the Night Before Christmas" It started at the turn of the 20th Century when mistletoe became plentiful in

What connection does Lincoln make between slavery and the civil war

Identify any 7 nature of the nigerian economu

This job analysis tool uses the following scales to rate the importance of tasks: extent of use, amount of time, importance to the job, and possibility of occurrence. A. Fleishman B. Position Analysis Questionnaire C. O*Net D. Job Element Inventory

Natural Hazards in Peru • Earthquakes • Tsunamis • Flooding • Landslides • Volcanic activity Which industry would be MOST affected by these natural hazards? es) A) agricultural clothing mining D) oil Submit

The ""perfect tender"" principle means delivered goods must exactly conform to the goods contracted and delivered within the framework specified in the contract. a. TRUE. b. FALSE.

David cunningham describes jim crow segregation as both a system of laws and a system of customs. what is the difference between laws and customs

Which best describes the economic impact of defaulting on bank loans? The economy suffers because banks have less money to loan to others. The economy suffers because people have less money to spend.