The problem of scarcity exists
A) in all economies.
B) only when people are unemployed.
C) now but will be eliminated with economic growth.
D) only in economies that lack incentives.
E) only in economies that have incentives.
Correct Answer:
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Q8: The problem of scarcity applies
A)only in countries
Q9: Complete the following sentence.Macroeconomics
A)deals mainly with the
Q10: The fact that human wants cannot be
Q11: The inescapable economic fact is that
A)capitalists are
Q12: Which of the following is a microeconomic
Q14: The branch of economics that studies the
Q15: The study of how wages are set
Q16: Which of the following would be considered
Q17: Each of the following would be considered
Q18: Which one of the following topics does
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