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Which of the Following Statements Best Describes the Underlying Feature

Question 1

Multiple Choice

Which of the following statements best describes the underlying feature of most economic problems?


A) People have unlimited wants in the face of limited resources.
B) There are unlimited resources.
C) Resources are distributed fairly.
D) People have limited wants in the face of limited resources.
E) Governments should never interfere in the workings of a market economy.

Correct Answer:

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