Economics · May / June 2018 · Paper 11 · Question 3
2281The nature of the basic economic problem
What is the cause of the economic problem facing all countries?
- Aclimate change and global warming
- Bsignificant quantities of unemployed resources
- Cuneven distribution of income and wealth
- Dunlimited wants in relation to limited resources
As printed in the paper
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Correct answer: D. unlimited wants in relation to limited resources
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