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-Statement I

Question 202

Multiple Choice

-Statement I.The definition of economics is that equilibrium is when supply and demand are equal. Statement II.Human wants are limited because our resources are limited. A) Statement I is true and statement II is false. B) Statement II is true and statement I is false. C) Both statements are true. D) Both statements are false.
-Statement I.The definition of economics is that equilibrium is when supply and demand are equal.
Statement II.Human wants are limited because our resources are limited.


A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.

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