Question

select the correct answer.
which statement is true?
a. inexhaustible resources are limited.
b. only tangible goods are scarce.
c. exhaustible resources are abundantly available.
d. exhaustible resources are scarce.
e. governments have unlimited money.

Explanation:

• Option A: Inexhaustible resources (like solar energy) are not limited in the sense of being depletable, so A is false.
• Option B: Intangible goods (e.g., time, services) can also be scarce, so B is false.
• Option C: Exhaustible resources (e.g., fossil fuels) are finite and not abundantly available in a way that they won't run out, so C is false.
• Option D: Exhaustible resources are finite and their availability is limited, so they are scarce. This is true.
• Option E: Governments have budget constraints and do not have unlimited money, so E is false.

Answer:

D. Exhaustible resources are scarce.