Which situation would increase the scarcity of a product? A. A foreign country begins exporting the product in high volume.
B. The natural resources used to make the product begin to run out.
C. Several new factories open to produce more of the product.
D. The product becomes more popular in countries around the world.

In a small, closed economy, national income (gdp) is $350 million for the current year. individuals have spent $100 million on the consumption of goods and services. they have paid a total of $60 million in taxes and the government has spent $75 million on goods and services this year. use this information and the national income identity to answer the questions. how much does the economy spend on investment?