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    Exam 1: The Role and Method of Economics
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    Scarcity
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Scarcity

Question 146

Question 146

Multiple Choice

Scarcity:


A) ​occurs only in centrally planned economies.
B) ​will likely be eliminated by technological progress.
C) ​exists only in poor nations.
D) ​occurs if there are insufficient resources to provide for human wants.

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