Column A Column B 1. natural resources a. labor resources > capital 2. scarcity resources 3. labor intensive technology b. capital 4. quota system C. government revenues 5. traditional economy d. subsistence level of production 6. price mechanism e. market economy 7. taxes f. supply and demand for money 8. government spending g. economic policies 9. monetary policies h. unspent income 10. outflows income-based 11. inflows skilled human resource 12. entrepreneur K. public investment 13. equitable distribution of income 1. wants vs. resources 14. savings m. command economy 15. macroeconomics n. national income theory 0. economic goal P. land