Question: the choices are in the box below. you will classify it whether ECONOMIC GROWTH for column A, IMPROVE THE USE OF AVAILABLE RESOURCES for column

the choices are in the box below. you will classify it whether ECONOMIC GROWTH for column A, IMPROVE THE USE OF AVAILABLE RESOURCES for column B, and REDUCE EXPECTATIONS for column C.

Question: As an agent of the economy, how will you deal with this scarcity? Choices are given below. Place them in their proper columns as to economic growth; and improve the use of available resources and reduce expectations. Limited SCARCITY of + unlimited Resources goods and services wants ECONOMIZING PROBLEM (must make choices) society's 3 options for dealing with scarcity Economic Improve the use of Reduce Growth available resources Expectations http://www2.harpercollege.edu/mhealy/eco212i/lectures/5es/5es.htm ANSWER c ) ability to produce goods and services; reduce our wants or lessening consumption; use our existing resources wisely; don't waste limited resources; productive efficiency; allocates efficiency; full employment and equity of resources; and reducing wants

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