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    Economics Principles and Policy Study Set 2
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    Exam 3: The Fundamental Economic Problem: Scarcity and Choice
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    The Problem of Scarcity
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The Problem of Scarcity

Question 269

Question 269

Multiple Choice

The problem of scarcity


A) applies to market-based economies.
B) applies to centrally planned economies.
C) applies only to the economies of less-developed countries.
D) applies to all of these economies, not just one type.

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