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Which of the Following Statements About Economic Scarcity Is FALSE

Question 320

Multiple Choice

Which of the following statements about economic scarcity is FALSE?


A) Scarcity occurs among the poor and the rich.
B) Scarcity only occurs if there are shortages and people wait in line to buy things.
C) Scarcity results from not having enough resources to produce all the things we want.
D) Scarcity results in the necessity to make choices.

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