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minaebied minaebied
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10 months ago

In most societies, dollar price acts as the main rationing device. If dollar price weren't the main rationing device, would there still be a need for some rationing device to take its place?



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No, because with dollar price there would be no scarcity, although shortages would still exist.



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Yes, because there is a need for a rationing device as long as scarcity exists.



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Yes, because there is a need for a rationing device as long as the world's population is so large.



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No, because dollar price creates scarcity and without money price scarcity wouldn't exist.



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none of the above

Textbook 
Economics

Economics


Edition: 12th
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olsondiolsondi
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You make an excellent tutor!
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