True. Scarcity makes choices. AS IT IS THE LIMITEDNESS OF RESOURCES COMPARED TO OUR NEEDS AND WANTS
Personal finance<span> is the organizing your finances and making logical monetary decisions.</span><span> to the monetary decisions of an individual or family unit. It includes planning on your budget, savings, spending, resources, and wage. You must be careful with these decisions for future events and accidents can change plans.</span>
Answer
The government increasing the quantity of money in the economy by printing more money will lead to inflation and increase the problem.
Explanation:
If the government believes the economy is not producing goods and services at its optimal level, increasing the quantity of money in the economy by printing more money, will not bring a solution because more money in circulation will bring inflation and that means that the cost of inputs for production of goods and services will increase thereby leading to lower output from production. Hence printing more money is not a realistic solution
Answer:
True
Explanation:
Restraint of trade is a concept that refers to interference of free market through laws and contractual means.
This is done in the form of building transnational costs, taxes, tariffs and customs fees. States interfere with free trade in order to maintain their economy and the competition in it. With free trade, comes advantages and disadvantages. Government needs to interfere to regulate their economies and its borders.