In the 1990s, almost all goods are __13__. Only by effort and money __14__ obtained in the form people wish.
Meeting needs of people and the demands from resource available __15__ the basic activity of production. In trying to meet unlimited wants from limited economic goods, production leads to new problems in economics.
EXERCISE:
1. A limited B unlimited C scarcity D abundant
2. A want B problem C wants D resources
3. A those B some C others D many
4. A them B themselves C ourselves D ours
5. A expand B extends C grows D increase
6. A always B sometimes C often D never
7. A management B function C board D group
8. A people B economists C way D methods
9. A so B great C such D such an
10. A form B study C means D source
11. A practically B in practice C in reality D practicably
12. A the B / C for D with
13. A plentiful B scarce C abundant D in full supply
14. A they can be B can they be C they must be D must they be
15. A are led to B leads C lead to D leads to
KEY:
A C A C C D C D C B C C B B D
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