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Due to Society's Overall Scarcity of Resources

Question 120

Multiple Choice

Due to society's overall scarcity of resources,


A) only households are constrained by income
B) only government agencies are constrained by limited budgets
C) only business firms are constrained by the cost of buying their inputs
D) households,business firms and government agencies all face constraints
E) households and business firms face constraints,but government agencies do not

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