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Scarcity Is

Question 391

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Scarcity is


A) when a child wants a $1.00 can of soda and two 50¢ packs of gum and has $2.00 in her pocket.
B) our inability to satisfy all our wants.
C) an economic problem only for poor people.
D) a situation that exists during economic recessions but not during economic booms.

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