Card 10 / 104: The fact that there are limited resources but unlimited desires.
A) Social
B) Science
C) Tradeoffs
D) Dilemma
E) Barter
F) Scarcity
J.) Exchanges

Answer:
F) Scarcity

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Lessons for the Young Economist MCQ

Access: Public Instant Grading

Dr.Robert MurphyAssociated Scholar

Mises Institute

USA

Attribution: Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY

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