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    Exam 1: The Role and Method of Economics
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    Scarcity Is
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Scarcity Is

Question 173

Question 173

Multiple Choice

Scarcity is:


A) ​only a problem in modern industrialized economies.
B) ​only a problem in impoverished economies.
C) ​only a problem in centrally planned economies.
D) ​a problem that necessitates making choices and tradeoffs.

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