Question

1. select the best answer.

______ is the problem that arises due to limited resources and unlimited wants.
○ exiguity
○ reduction
○ scarcity
○ distribution

1. select the best answer.

the collapse of this country greatly altered u.s. military spending.
○ vietnam
○ somalia
○ cuba
○ the soviet union

Explanation:

Question 4

In economics, scarcity is defined as the situation where resources are limited but human wants are unlimited. Exiguity is not a standard term for this concept, reduction refers to decreasing something, and distribution is about allocating resources, not the problem of limited resources vs. unlimited wants.

The collapse of the Soviet Union ended the Cold War, which led to a significant change in U.S. military spending as the main geopolitical rival was gone. Vietnam, Somalia, and Cuba's situations didn't have the same impact on U.S. military spending at a strategic, large - scale level related to a major rival's collapse.

Answer:

C. Scarcity

Question 5