Practice mode Introduction To Economics

What is the central problem that economics deals with?

Correct answer B. Scarcity

Explanation

Every economic question stems from scarcity: limited resources cannot satisfy unlimited wants, so choices must be made about how those resources are used.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.