Economics is the study of the social organization through which people satisfy their wants.
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Q36: Economic goods have monetary value because they
Q37: All productive resources-labor, natural resources, and capital-are
Q38: Adam Smith argued that economic freedom would
Q39: Which of the following is not a
Q40: Determining the resources that are to be
Q42: In the pre-1990 Soviet economy, no workers
Q43: The fact that socialist economies were significantly
Q44: Unplanned economies rely on markets to control
Q45: Elements of socialist thought have influenced the
Q46: Government production quotas are an important part
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