30 POINTS QUICK Why is scarcity the basis of all economic decisions? Describe how the role of the government in a society influences the three economic questions. (Site 1)

Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible

Explanation:

Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity bec.ause while resources are limited, we are a society with unlimited wants. ... Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of humans.

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the united states constitution is the supreme law of the united states. the constitution, originally comprising seven articles, delineates the national frame of government. its first three articles embody the doctrine of the separation of powers, whereby the federal government is divided into three branches: the legislative, consisting of the bicameral congress; the executive, consisting of the president; and the judicial, consisting of the supreme court and other federal courts. articles four, five and six embody concepts of federalism, describing the rights and responsibilities of state governments, the states in relationship to the federal government, and the shared process of constitutional amendment. article seven establishes the procedure subsequently used by the thirteen states to ratify it. it is regarded as the oldest written and codified national constitution in force.

no, dan should reduce his discretionary spending. not long-term goals involve more planning than short-term goals do