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    Foundations of Macroeconomics
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    Scarcity
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Scarcity

Question 28

Question 28

Multiple Choice

Scarcity


A) is the inability to satisfy all our wants.
B) leads to higher prices.
C) applies only to people living in poverty.
D) is not something that affects very rich people.
E) used to exist everywhere but has been eliminated in advanced economies.

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