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The Central Problem in Economics Is That Of

Question 18

Multiple Choice

The central problem in economics is that of:


A) guaranteeing an equal standard of living for every citizen in the country.
B) allocating scarce resources such that society's unlimited wants are satis?ed in the best
C) deciding whether a country should adopt a command economy or a market economy.
D) ensuring that each individual contributes equally to production activities in the economy.

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