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The Study of Economics

Question 2

Multiple Choice

The study of economics:


A) revolves around a central theme that human wants are limited in developing nations.
B) considers scarcity to be a situation only for developing nations.
C) looks at how individuals, businesses, and governments make decisions about how to use their limited resources.
D) is limited to examining how governments interact with each other at the federal, state, and local levels.

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