Principles_of_Macroeconomics_Exam_1_Fall_2020 Question 1 (1 point) Saved Resources are O scarce for households but plentiful for economies. O plentiful for households but scarce for economies. scarce for households and scarce for economies. plentiful for households and plentiful for economies. Question 2 (1 point) Saved When a society cannot produce all the goods and services people wish to have, the economy is experiencing scarcity. surpluses. O inefficiencies . O inequalities