Hello there! Scarcity determines the economic value of an item by the quantity of goods produced at the time. Let’s start by defining scarcity in economy:
Scarcity refers to the depletion, minimization, or absence of a public resource. Another way to remember this term is to think about a black footer ferret; it is an endangered species, meaning there is not much left of it. Scarcity has the same context as this but with different materials, primarily food.
Scarcity often causes the economic value of an item to raise because of its rarity. When there is less of a resource, the ideal solution for sellers of that resource is always going to be to raise the value. Money is always considered in cases like this. As the value of said item increases, less of it is made. Because less is made, there is a gradual depletion in supply of it. If you need any help, let me know and I will gladly assist you.
According to
<u>statista</u> website
54% of Americans ages 18-29,
55% of Americans ages 30-49
53% of Americans ages 50-64
use a GPS in 2018.
I've been digging and digging, but all I can find out about 2000 is
According to
<u>market</u> <u>watch</u> website
(It won't let me post direct links sadly.
The GPS was completely released to the public in the year 2000, and was able to pinpoint your location 10x as accurately as before.
I'm sorry I couldn't fully finish it, but I hoped I helped! :)
Answer:
A country scores a higher HDI when the lifespan is higher, the education level is higher, and the gross national income GNI (PPP) per capita is higher. ... The index does not take into account several factors, such as the net wealth per capita or the relative quality of goods in a country.
All of these are true, so D will be your answer.
