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    Macroeconomics Principles Problems and Policies
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    Exam 1: Limits, Alternatives, and Choices
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    As a Consequence of the Problem of Scarcity
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As a Consequence of the Problem of Scarcity

Question 147

Question 147

Multiple Choice

As a consequence of the problem of scarcity:


A) There is never enough of anything
B) Individuals have to make choices from among alternatives
C) Only some people can "have it all"
D) Things which are plentiful have relatively high prices

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