C. interest and depreciation payments on the capital used to produce the truck. D. All of the above. B. the supply of resources is infinite. C. resources are insatiable. D. wants are insatiable and resources are scarce.
Scarcity exists because A. of unlimited resources.
B. human wants are enormous relative to the means available to satisfy them. C. production is limited only by technology and human energy. D. advertising creates unnatural desires for surplus goods. In recent years our rate of economic growth has been slowed by our low savings rate. B. Our rate of economic growth has been slowed because we have been producing too many investment goods and not enough consumer goods.