2.9k views
4 votes
Which statement describes how governments deal with scarcity?

A) choosing to fill needs rather than wants
B) choosing options that best match supply with demand
C) choosing options that employ the largest number of people
D) choosing options with the greatest benefits to the people

1 Answer

0 votes
By definition, the word "scarcity" is an economic problem which mainly revolves around on the idea that the limited resources a state has are not sufficient in providing the needs of the people. In addition, one of the measures done by the government to address this problem would be to by "choosing options that best match supply with demand."
User Gcarvelli
by
7.9k points