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Which of the Following Statements About Scarcity Is TRUE

Question 402

Multiple Choice

Which of the following statements about scarcity is TRUE?


A) Scarcity is no longer a problem for industrialized countries.
B) Scarcity exists in all societies.
C) Scarcity is a problem only for greedy people.
D) Scarcity is a problem only in countries that do not use markets to organize economic activity.

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