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the prices increases, and the goods become expensive.
All resources are scarce.
Fiscal Policy.
There several things that happen when the government increases the money supply. This may cause inflation as there will be more money in the market than goods.
What are all goods and services scarce
the prices increases, and the goods become expensive.
All resources are scarce.
Profiteering
All resources are scarce.
Fiscal Policy.
There several things that happen when the government increases the money supply. This may cause inflation as there will be more money in the market than goods.
What are all goods and services scarce
Generally, because supplies are never infinite, the opposite of scarce. For many goods, demand is constant or growing, and supply is NOT.
Resources are limited .
Public goods and services are distributed and scarce resources are allocated to them by the UK Government. Private goods and services are distributed by privately or publicly owned businesses, which can be from overseas or domestic. As far as I'm aware this is the same for every country in the world apart from a few which are totally command and thus all scarce resource allocation is done by the Government but these are rare if not practically non-exsistent now.
because production of goods and services are done or own by both private and government firms or scarce resource are own by both private individual and government
Increases taxes