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In a Frontier Economy, There Is Usually a Relative Abundance

Question 21

Multiple Choice

In a frontier economy, there is usually a relative abundance of __________ because of the inefficiency ______________.


A) Social resources; of transportation
B) Labor; and lack of experience of workers
C) Capital (money) ; of the market economy at this first stage
D) Technology; of the processes to research and develop new technology
E) Natural resources; of the procedures for gaining access to resources

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