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    Macroeconomics Study Set 12
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    Exam 1: Economics: Foundations and Models
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    'Scarcity' Refers to a Situation in Which Unlimited Wants Exceed
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'Scarcity' Refers to a Situation in Which Unlimited Wants Exceed

Question 12

Question 12

True/False

'Scarcity' refers to a situation in which unlimited wants exceed the limited resources available to fulfil those wants.

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