W!SE Financial Literacy Certification 2025 – 400 Free Practice Questions to Pass the Exam Flash Cards

Disable ads (and more) with a premium pass for a one time $4.99 payment

Question: 1 / 160

What does scarcity refer to in economics?

?

The basic economic problem resulting from limited resources and unlimited wants

Next
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy