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Economics
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What is true about economic resources?

A) Economic resources include only money.

B) Economic resources are limited.

C) Economic resources exist only at the individual level.

D) Economic resources are always controlled by the government.

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Ronaldo Mendoza
Ronaldo MendozaLv10
3 Sep 2020
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Related questions

Which of the following elements in a society are required for economic study? Check all that apply.

A) a standardized medium of exchange that is, money.

B) a system of government.

C) decisions about how to allocate resources.

D) people with wants and needs.

E) resources in limited supply.

Which of the following is a characteristic of a command economy?
 
a) freedom of choice
b) all resources are government owned and controlled
c) the economic decisions are determined by market forces
 

1) Which of the following statements describe the underlying feature in most economic problems? A) People have unlimited wants in the face of limited resources. B) There are unlimited resources. C) Our country is rich; we just don't realize it. D) People have limited wants in the face of limited resources. E) Governments should never interfere in the workings of a market economy.

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