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    Macroeconomics Study Set 44
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    Exam 1: Economic Issues and Concepts
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    Scarcity Arises from Limited Resources
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Scarcity Arises from Limited Resources

Question 17

Question 17

Multiple Choice

Scarcity arises from limited resources. For this reason, all economic choices involve


A) an opportunity cost.
B) greed.
C) a value judgement.
D) complementary ends.
E) pride.

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