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O-LevelEconomicsThe basic economic problem2281/11 · May/June 2018 · Q31 Mark

What is the cause of the economic problem facing all countries?

Aclimate change and global warming
Bsignificant quantities of unemployed resources
Cuneven distribution of income and wealth
Dunlimited wants in relation to limited resources

✓ Correct answer

D: unlimited wants in relation to limited resources

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About this question

Topic
The basic economic problem, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2018 Paper 1 Variant 1, question 3.

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