Multiple Choice
What are the two parts of the economic problem?
A) economics explains many things, but only things that are related directly to money.
B) natural resources are scarce but human-made resources are not.
C) scarcity forces us to choose and choices are costly because we must give up other opportunities that we value.
D) we have unlimited wants and unlimited resources.
Correct Answer:
Verified
Correct Answer:
Verified
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